>>60725225
>"When rates were practically zero, every Tom, Dick, Harry, and Mary in the United States refinanced their mortgage," Druckenmiller said. "Unfortunately we had one entity that did not, and that was the US Treasury."

rip

https://markets.businessinsider.com/news/bonds/janet-yellen-stanley-druckenmiller-mistake-treasury-government-debt-interest-rates-2023-10