"I was wrong about Treasurys (TLT, TBT)," Jeff Gundlach tells the WSJ of his recent expectation the 10-year yield would never hit 2.5%. However, he tells CNBC, "July will not be a repeat of May and June ... the liquidation cycle appears to have run its course with emerging market bonds (EMB), junk bonds (HYG, JNK), munis (MUB), and MBS (MBB) now recovering sharply." Gundlach has scheduled a special conference call for this afternoon.
"I was wrong about Treasurys (TLT, TBT)," Jeff Gundlach tells the WSJ of his recent expectation...
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