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Gundlach Is Right. Surging U.S. Bond Yields Are Met With Shrugs

FYI: The selloff in Treasuries that’s taken the 10-year yield above 3 percent isn’t getting enough attention. And DoubleLine CEO Jeffrey Gundlach has noticed.

He’s right -- at least on the first part. References to "Treasury yields" in news articles are dramatically below where they were in April, when the 10-year yield traded above 3 percent for the first time since 2014.
Regards,
Ted
https://www.fa-mag.com/news/gundlach-is-right--surging-u-s--bond-yields-are-met-with-shrugs-40940.html?print
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