Adam had that post up yesterday here: Bill Gross: Look for 10-year yields to rise above 5% over the next 12 months
And if you must recall, both Bill Gross and Bill Ackman were out with a message back in October here. They both called the top for the 10-year yields and that is precisely what we got. Yields fell from around 5% at the time to 3.80% at the end of last year. And now that we’re seeing yields climb again, Gross is saying that we are headed back to the 5% mark next.
Is this another Bill warning to markets? We’ll see. I shared some thoughts on that earlier this week here.
This article was written by Justin Low at www.forexlive.com.
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