More from DoubleLine's Gundlach on 30-year US Treasury signalling higher bond yields

I posted the headline comment on rising US bond yields and stock market impact here earlier:

• Gundlach on USTs - yield moves indicate even higher to come

Reuters have a recap and fuller report of Gundlach's comments up now. Gundlach is a smart cookie:

• "As I have been saying, two consecutive closes above 3.25 percent on the benchmark 30-year Treasury means that my statement in July 2016 that we were seeing the low - I said italicized, underlined and in boldface - is now, looking at the charts, thoroughly corroborated
• … the curve is steepening a little in this breakout, which is another sign that the situation has changed."