‘Moment Of Truth’ For Bond Market Is Here, Gundlach Imagines, As Yields Rise
Jeff Gundlach is excited about rising bond yields.
And that's the truth. Literally. Because here's what he said on his "truly" absurd Twitter feed @TruthGundlach:
So that's "TruthGundlach" saying that the moment of "truth" has arrived for the secular bond bull market. Stop it, Jeff. There's only so much "truth" we can take.
Of course the "truth" is that Jeff is a raving lunatic who lost track of reality months ago and thereby can no longer be trusted to tell the "truth" ab
bond bears get all the respect. ‘everyone’ knows how bad bonds will get it….while simultaneously claiming stocks for the long run. you cant have your cake and eat it too. both stocks and bonds will lose much of their value in the coming few years. however, banks, insurance cos., govts cannot function with higher rates or lower prices. range bound is more likely the correct stance and given the very loud squawking by the bond bears and cramer….this 2.4+ marker, is more likely a pivot point. it sure would be funny in the near term to see bond prices rise and stocks fall over the next few weeks.
There is always a tipping point be it the climate or the bond vigilantes, when they show up the party is over. Is this that moment? Really doesn’t matter it will be sooner rather than later.
So if Bonds don’t hold support, they will break?………This ain’t news.
Consensus on higher rates is close to 100%.
I just don’t understand.