Gundlach: 'Trouble for equity markets' if 10-year yield hits 3 percent
I posted a few remarks from DoubleLine Founder Jeff Gundlach earlier
He is giving his annual "Just Markets" webcast to discuss his 2017 outlook
Bloomberg and Reuters have more from him (links below). there isn't much right now, but I imagine there will be more added:
- Reuters Gundlach said after the recent huge run-up in U.S. stock markets, investors should look to "peel off" their exposure to equities
- Bloomberg "If we take out 3 percent on the 10-year, it's bye, bye bond bull market,"