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‘Bond King’ Gundlach Believes Bond Yields May Have Bottomed For Now
FYI: Gundlach wrote on Twitter that the recent swing in Treasury prices may have as much to do with crowd mentality as anything else. “Long maturity US Treasury price action today was consistent with a blowoff momentum top,” the founder of DoubleLine Capital wrote. The 10-year Treasury note yield was down about 25 basis points in May. Regards, Ted https://www.cnbc.com/2019/05/30/bond-king-gundlach-believes-bond-yields-may-have-bottomed-for-now.html
