Warren Buffett shortened the duration of bonds held by his Berkshire Hathaway Inc. (BRK.a) (BRK.b) after warning that deficit spending could force inflation higher. 21% of holdings including Treasuries, municipal debt, foreign-govt securities and corporate bonds were due in one year or less as of June 30, Omaha, Nebraska-based Berkshire said in a filing Aug. 6. That compares with 18% on March 31, and 16% at the end of last year’s Q2. – Bloomberg
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