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Gundlach Says Treasuries Above 3% Would End Bond Bull Market

  • Contrasts with Gross, who said topping 2.6% means bear market
  • DoubleLine CEO says Trump awakens economic ‘animal spirits’
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The Gundlach vs. Gross 10-Year Bond Yield Debate

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Jeffrey Gundlach said the 10-year Treasury yield topping 3 percent would signal the end of the three-decade long rally in bonds.

“Almost for sure we’re going to take a look at 3 percent on the 10-year during 2017,” Gundlach, the chief executive officer of DoubleLine Capital, said Tuesday during his annual “Just Markets” webcast from New York. “And if we take out 3 percent in 2017, it’s bye-bye bond bull market. Rest in peace.”