Michael Burry is warning about a market collision: rising oil prices, an artificial intelligence debt binge and mounting pressure in long-duration Treasuries.
"Watch the long bonds," Burry wrote on X Thursday. He cited AI’s "debt explosion," rising inflation volatility, a shaky Treasury basis trade and oil returning near $100. He concluded: "Not sure how much longer PE and PC can hold their breath," apparently referring to private equity and private credit markets.
