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A confluence of factors contributed to Ackman's bet on shorting Treasury notes, including a potential de-dollarization by China, sticky inflation

Hedge fund bets on falling U.S. Treasury prices could be putting the stability of the global financial system in a precarious position.

Some money-market funds are paying investors nearly 5% a year for a stable, low-risk place to park your cash.

<p><span>Today, Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson delivered virtual remarks at the Terrorist Financing Targeting Center (TFTC) Five-Year Event in Riyadh, Saudi Arabia. This event marks the five-year anniversary of the TFTC, a multilateral body created to strengthen cooperation among seven countries &ndash; Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, and the United States &ndash; to disrupt terrorist financing networks and related activities of mutual concern.</span></p>

After the ‘recession we had to have’, Australia went on to notch up the first of three decades of uninterrupted economic growth, writes Andrew Clark.