Hedge fund manager Kyle Bass plans a potentially "shallow recession" in 2020: CNBC



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FILE PHOTO: Kyle Bass, founder of Hayman Capital Management, speaks at the Reuters 2019 Global Investment Outlook Summit in New York, USA on November 14, 2018. REUTERS / Brendan McDermid

(Reuters) – Hedge fund manager, Kyle Bass, told CNBC Tuesday that he was considering a "shallow recession" potentially in 2020, adding that he thought US interest rates would follow global interest rates up to zero.

"We are the only country to have a full face to our bond yields.We have 90% of the world's premium debt.We actually have a rule of law and we have a decent economy.All the money will be at come "Bass, founder and chief investment officer of Hayman Capital Management, said in an interview cnb.cx/2ZeVfcr.

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