At the short end of the rate curve, central banks will push rates down as deep as they can to save the financial system during crisis, but secular uptrend in bond yields will persist.

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Speaker

Felix Zulauf

Evidence Quote

At the short end, they will push it down as deep as they can to save the system, so to speak. So, uh I fully agree with the secular uptrend in bond yields.

Source

Jeffrey Gundlach and Felix Zulauf: The Second Inning of a Major ShiftDoubleLine Capital
Created: 8/12/2026, 6:25:56 PM

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