Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes
- ‘I started to get really nervous’ about the economy recently
- He says he’s confident the yield curve will keep steepening
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Billionaire investor Stan Druckenmiller said he’s bought “massive” bullish positions in two-year notes, as he’s become more worried about the economy.
In recent weeks, “I started to get really nervous,” Druckenmiller, founder of Duquesne Family Office, said in an interview with hedge fund manager Paul Tudor Jones at a conference last week. “So I bought massive leveraged positions” in the short-term notes, he said.