Gross says Treasury yield at 2.6% more important than Dow at 20,000
Bill Gross
Former bond king doubts Trump-led economy will register a long-term growth rate above 2%. (More: Charts say bond bull market has gasped its last breath )
Investors should watch for 10-year Treasuries to move above 2.6% a threshold that would mark an end to the three-decade bond bull market and be a more important barometer than the Dow Jones Industrial Average passing 20,000, according to billionaire bond manager Bill Gross.
“It is the key to
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