Gundlach says bond market demands Fed hike rates to tame inflation
Jeffrey Gundlach said the Treasury curve’s split shows investors doubt the Fed will act, and bond‑market vigilantes are demanding rate hikes to hit the 2% inflation goal. The 10‑year yield jumped 7 bps to 4.68% while the two‑year fell, signaling pressure on policymakers. Gundlach argues the Fed must move beyond rhetoric.