“Crazily Low” Bund Yields Spike Most In 3 Months, Gundlach Warns Of “Massive Risk At These Levels”

In a curious case of 2015 deja vu, DoubleLine founder Jeffrey Gundlach says German bond yields are “crazily low,” and expects them to rocket higher and rattle the US Treasury market when (if) the ECB scales back its bond purchases.
The FT reports that Gundlach warns the 10-year German Bund yield would jump to 1 per cent ‘pretty quickly’, from about 0.4 per cent today.
So far he has been right, just as in 2015 when Gundlach and Gross warned that Bunds were “the short of a lifetime.”

This post was published at Zero Hedge on Sep 13, 2017.