At 4:15 p.m. ET, Jeff Gundlach will be hosting a webcast to update us on the state of the crazy global financial markets.
Gundlach holds these calls every few months, but this is the second call this month. Indeed, he gave the public almost no advanced notice.
We think he’ll spend some time addressing his bullish forecasts for Treasury bonds.
Even as rates surged, Gundlach doubled down last week and told CNBC that Treasuries were “the one place” to make money.
Currently, the 10-year yield is at 2.5%, and it was as high as 2.62% earlier this week.
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