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Bond King Gundlach says ‘things have to get worse’ in the market
Bond King Gundlach says ‘things have to get worse’ in the market
The 10-year Treasury yield hit a record low 0.318% early Monday, while the big drop in oil prices raised concern about the high yield debt market “I am concerned. Things have to get worse – you don’t have a move like this end without disorder. It just never happens,” Jeffrey Gundlach said in an email.