Two investment moguls, Warren Buffett and Bill Ackman, have taken opposing views on the bond market. Buffett has been buying short-term Treasury bills, while Ackman has been shorting long-term Treasury bonds. There is a possibility that both investors could be right, as short-term and long-term interest rates may move in different directions. It is also possible that both investors could be wrong if rates move in the same direction. The outcome of this debate will have implications for the broader financial ecosystem and could indirectly influence the sentiment of Bitcoin investors. A steepening yield curve could boost Bitcoin’s attractiveness as a hedge against inflation, while a flattening curve could lead investors to reduce exposure to cryptocurrencies. Ultimately, only time will tell who is right in this debate.