Gundlach Says Yields on 10-Year Bund to Rise to 125 Basis Points

DoubleLine Capital’s Jeffrey Gundlach said the yield on the 10-year German bund will rise to 125 basis points.

Gundlach, who in April said he was considering making an amplified bet against German bonds, was speaking on Wednesday at a conference in Chicago. The yield on the German 10-year bund increased Wednesday to about 88 basis points, the highest level in 2015.

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