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DoubleLine's Sherman Tells Advisors To Steer Clear Of Corporates

TedTed
in The Bullpen
FYI: In case you didn’t know it, bond yields are headed up.

The benchmark 10-year Treasury yield last month broke through levels reached in 2013 during the so-called taper tantrum, and have done so again this month -- a technically significant breakout, said Jeffrey Sherman, deputy chief investment officer at DoubleLine Capital.
Regards,
Ted
https://www.fa-mag.com/news/doubleline-s-sherman-tells-advisors-to-steer-clear-of-corporates-41895.html?print
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