‘Yields On The March!’ Reflecting On The Latest Bond Selloff

"Yields: On the march!", Jeff Gundlach tweet-shrieked, on Tuesday, before chiding the media for not paying enough attention to market action that essentially invalidated his "monumental" short squeeze pseudo-prediction. "10’s above 3% again, this time without financial media concern", he continued, adding that everyone should "watch 3.25% on 30’s [because] two closes above = game changer." If I had to sum up last week in rates and FX, I guess I'd just say that Jeff was surprised that nobod