Published on Zero Hedge (http://www.zerohedge.com)
Gundlach Sees 10Y Treasury Testing 1.38% In 2015, Warns Of "Trouble Ahead"
By Tyler Durden
Created 01/03/2015 - 21:30
Having totally and utterly failed in 2014, the consensus for 2015 is once again higher rates (well they can't go any lower right?) with year-end 2015 expectations of 3.006% currently (having already plunged from over 3.65% in July). However, at the other end of the spectrum, DoubleLine's Jeff Gundlach told Barron's this weekend, the 10-yr Treasury yield may test the 2012 low of 1.38% as the Fed's short-term rate increase is poised to trigger "surprising flattening" of yield curve.
Source URL: http://www.zerohedge.com/news/2015-01-03/gundlach-sees-10y-treasury-testing-138-2015-warns-trouble-ahead
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