FX/BondsSeptember 8 at 05:11 PM

Doubleline's Gundlach says investors should avoid 30-year bonds globally and that US yields will continue to rise, adds Fed policy rate should be raised by 50bps and notes the US two-year yield is not tracking the Fed Funds Rate

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Doubleline's Gundlach recommended avoiding global 30-year bonds and forecasted rising US yields, while urging a 50bps Fed rate hike and noting the two-year yield diverges from the policy rate.

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Geopolitics

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports

Geopolitics

Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks

Geopolitics

Doubleline's Gundlach says investors should avoid 30-year bonds globally and that US yields will continue to rise, adds Fed policy rate should be raised by 50bps and notes the US two-year yield is not tracking the Fed Funds Rate

What do investors think?

Today's market highlights

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports

Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks

Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN