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Gundlach From His Webcast: Brace For Stock Market Upset If 10-Year Yields Top 3%

TedTed
in The Bullpen
FYI: Stock investors have largely ignored the recent carnage in the bond market, but they could face a rude awakening next year when Donald Trump takes over the U.S. presidency, warns bond guru Jeffrey Gundlach.

In a webcast presentation on Tuesday, the DoubleLine Capital chief executive said 10-year U.S. yields TMUBMUSD10Y, -1.14% could jump to 3% next year as inflation rates and government debt start to rise under a Trump administration.
Regards,
Ted
http://www.marketwatch.com/story/gundlach-brace-for-stock-market-upset-if-10-year-yields-top-3-2016-12-14/print
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