Legendary investor Stanley Druckenmiller dumped his stocks and went all-in on Treasurys after Trump escalated the trade war with China

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In a recent interview, Stanley Druckenmiller detailed how he invested in Treasuries following Trump's May 5 tweet that China tariffs would be raised.

Hedge Fund billionaire Stanley Druckenmiller cut his stock-market exposure to zero after President Donald Trump's May 5 tweet stating that tariffs on Chinese imports would be raised. Druckenmiller instead invested in US Treasurys, which are seen as a safe haven during times of economic stress. The 10-year yield fell from to 2.13% from 2.53% after Druckenmiller put on the trade. Visit MarketsInsider.com for more stories.

Hedge Fund billionaire Stanley Druckenmiller cut his stock-market exposure to zero after President Donald Trump's May 5 tweet stating that tariffs on Chinese imports would be raised. Druckenmiller instead invested in US Treasurys, which are seen as a safe haven during times of economic stress. The 10-year yield fell from to 2.13% from 2.53% after Druckenmiller put on the trade. Visit MarketsInsider.com for more stories.

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