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11.10.2018 / 21:03

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"I will not be surprised if the yield on the 30-year bond jumps above 4% and the 10-year yield reaches 3.6% before the current stock market correction is over," said Jeffrey Gundlach, founder of Double Line Capital and also called Bond King.

"One of the things that is really fascinating about the current bond sale is that it happens during a really strong sale on stock markets," added Gundlach.

"If you look at the graphs and find out how the market is behaving in the long run, it will not be surprising to see that yield on the 30-year bonds will reach 4% before the current stock market sells."

Source: CNBC

Photo: Gundlach Twitter

Trader Petar Milanov

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