2016-12-14cnbc.com

"I think above 3 percent is a problem," Gundlach told Reuters. "If the 10-year goes above 3 percent, you would also have to say unequivocally you have seen the end of the bond bull market."

On an investor webcast late Tuesday, Gundlach reiterated that U.S. President-elect Donald Trump's administration will be "bond unfriendly" and investors should brace for a 6 percent 10-year Treasury yield within four to five years.



Comments: Be the first to add a comment

add a comment | go to forum thread