In a market environment where “policymakers exert ultimate control over securities prices,” Paul Singer, head of the $30 billion Elliott Management, notes a security pricing mismatch. In such an environment, inflation could be the canary in the coal mine, according to the hedge fund's Q3 letter, a copy of which was reviewed by ValueWalk.
Also see Paul Singer Warns Of Severe Market Disclocations
Q3 2016 Hedge Fund Letters

Elliott Management - "Unexpected breakout" could be negative for bond investors
With economic policies in the developed world “unsound” and “marching in the wrong direction,” Singer is concerned that highly leveraged, long-duration bond yields found in institutional portfolios – a distinct reach...

