Poll of the Day | 10-Year Treasury Yield: 2% or 3% Next?
10/02/14 10:18AM EDT
Our macro team’s biggest call this year? Being right on Treasuries. We bucked the consensus tide that the bond bubble was over via our long TLT recommendation which is up 18% YTD. Hedgeye CEO Keith McCullough says there’s no long-term support for the 10yr yield to 1.7%. "Just wait until another bad jobs report and/or multiple GDP misses and Yellen will freak out like Draghi," according to McCullough. It last hit 3% on 12/31/13 and 2% in May 2013.
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