TSLA
Tesla
-- 436.170 NVDA
NVIDIA
-- 130.680 MU
Micron Technology
-- 87.090 QUBT
Quantum Computing
-- 15.140 AMD
Advanced Micro Devices
-- 118.880 
Bill Ackman is literally moving bond markets:
On October 23rd, Ackman posted that he had covered bond shorts that he took in August 2023.
This marked the EXACT PEAK in the 10-year note yield, at 5.00%.
Yesterday, Ackman placed a bet that the Fed would cut rates in Q1 2024.
This is well ahead of market expectations which show rate cuts beginning in June 2024.
Today, the 10-year note yield hit a 2-month low and is now down 70 basis points since Ackman covered his bond shorts.
Is this setting up to be one of the best bond trades of all time?
This marked the EXACT PEAK in the 10-year note yield, at 5.00%.
Yesterday, Ackman placed a bet that the Fed would cut rates in Q1 2024.
This is well ahead of market expectations which show rate cuts beginning in June 2024.
Today, the 10-year note yield hit a 2-month low and is now down 70 basis points since Ackman covered his bond shorts.
Is this setting up to be one of the best bond trades of all time?
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