Gundlach wrote on Twitter that the recent swing in Treasury prices may have as much to do with crowd mentality as anything else.
“Long maturity US Treasury price action today was consistent with a blowoff momentum top,” the founder of DoubleLine Capital wrote.
The 10-year Treasury note yield was down about 25 basis points in May.
Submitted May 30, 2019 at 09:19AM by coolcomfort123 http://bit.ly/2wsYaOG
