Jeff Gundlach's 'critical level' for the 10-year is being tested
The US 10-year yield is testing a "critical level" singled out by bond guru Jeff Gundlach on Friday. Selling amid a quiet holiday session has the benchmark yield up 3 basis points at 2.33%.
"US 10-year yield above 200-day moving average, broke downtrendline from March. Critical level now 2.32%, probably coincides with 0.50% Bund," Gundlach tweeted on Friday.
On June 14, the Federal Reserve lifted its benchmark interest rate for the fourth time since the finan
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