Treasury Yields Top Gundlach’s ‘Critical Level’

“There you have it. U.S. ten year closes twice over 2.32%, and Bunds spike above 0.50%. Remember the ‘yields can never rise mantra’ one year ago?” DoubleLine Capital CEO Jeffrey Gundlach said on Twitter on Thursday. Last week, the fixed income portfolio manager tweeted: “US 10-year yield above 200-day moving average, broke downtrendline from March. Critical…

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