Hedge Funds Bet on Rebound in Housing Market

Hedge Funds Bet on Rebound in Housing Market Play

July 9 (Bloomberg) -- John Burbank, the hedge-fund manager who’s betting on a global recession, plans to follow rivals in buying U.S. mortgage securities without government backing amid increasing signs the housing market is recovering. Kelly Bit reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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