Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become increasingly tight. “You can’t think of a worse environment than where we are right now for financial assets,” Jones said on CNBC’s “Squawk Box” Tuesday. “Clearly you don’t want to own bonds and stocks.” The Fed is expected to announce a half-percentage point increase in its benchmark interest rate on Wednesday, to tamp down surging inflation at a 40-year high. The founder and chief investment officer of ...