two-year interest rates
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 9, 2024 by Bill Ackman · across every show →
Everything said about two-year interest rates, oldest first
Feb 9, 2024 neutral
Ackman: Pershing Square bought interest rate options striking above 93 bps
“We bought, in effect, the way to think about it is we bought a call option. That paid off when two-year interest rates went above 93 basis points, and we had about an eighteen-month term. And at the time we bought that instrument, two-year rates were at 12 bas…”