Ray Dalio Is Worried About the Bond Market
- Higher deficit, Fed unwinding of balance sheet among risks
- Fed will be cautious but task is ‘very delicate,’ he says
Ray Dalio Says Bridgewater Is Long Equity Markets
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Billionaire hedge fund manager Ray Dalio said that he sees a “significant amount of risk in the bond market” as the U.S. moves toward a bigger deficit and the Federal Reserve unwinds its balance sheet.
“Tightenings become progressively more concerning because as you move along they’re more and more difficult to get perfect,” Dalio, founder of Bridgewater Associates, said in an interview on Bloomberg Radio. “As we’re progressing, we’re entering a period of greater risk in the nature of the market.”