More Gundlach: Another remarkable slide shows the 30-year bond yield in 1984 and in 2012. The...
More Gundlach: Another remarkable slide shows the 30-year bond yield in 1984 and in 2012. The long bond hit 14% in 1984 with inflation at 4% and falling - a real yield of 1000 basis points. Today, with inflation at 2.5%, the long bond yields just 2.85%. "The duration of the DoubleLine Total Return Fund is the shortest it's ever been."
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