Jeff Gundlach Warns “The Fed Is About To Make A Big Mistake” (& That’s Why Bond Yields Are Crashing)
by Tyler Durden
ZeroHedge.com
01/28/2015
Since The FOMC’s “hawkish” statement, bond yields have utterly cratered as near-record speculative short positioning in bonds unwind the long-end (and worries about international problems – “and readings on financial and international developments”). However, fundamentally speaking, DoubleLine’s Jeff Gundlach explains, the Federal Reserve is on the brink of making a big mistake simply put, “if Fed Chair Janet Yellen goes ahead with this plan (to raise rates for ‘philosophical reasons’), she runs the risk of having to quickly reverse course and cut interest rates.”
The Rest…HERE
