Jeff Gundlach Subtly Lets Everyone Know That He Thinks Bill Gross Is Dumb And Lame

2017 might be the year that we get "The Real Bond Traders of LA" on the air.
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Earlier today, Bill Gross wrote an epic and beautiful poem about Africa, and then he also mentioned something about bonds because, like, that's his job or whatever.

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Here's what the Poet Laureate of Janus wrote about 10-year yields:

And this is my only forecast for the 10-year in 2017. If 2.60% is broken on the upside – if yields move higher than 2.60% – a secular bear bond market has begun. Watch the 2.6% level. Much more important than Dow 20,000. Much more important than $60-a-barrel oil. Much more important that the Dollar/Euro parity at 1.00. It is the key to interest rate levels and perhaps stock price levels in 2017.

Strong call, bro. And the kind of stuff that Gross is known for, so no big deal there, right?

Wrong.

See, Bill's usurper of the Bond King throne, one Jeffery Gundlach, is also offering some thoughts on bond in2017 today. Gundlach's much-ballyhooed webcast kicked off late this afternoon and J-Gundz commenced with his usual song and dance to the tune of PowerPoint slides that showed all kinds of stuff that only the Gundlach sees.

But Gundlach threw a verbal curveball when he got to his own interpretation of 10-year bond yields, saying that "A couple of second-tier bond managers talking about 2.6% at a key technical level on US 10-year are ignoring the the fact that 10-year made intraday high [on 12/15] of 2.64%"

We'll give you a seconcd to read that twice and think about it (it's wonky)... Got it?...Ok.

DAAAAAAAAAMN! You got BURNED, Bill Gross! Burned so HARD!

And it's not just us connecting the dots on that sick-ass bond burn...

The Kobe and LeBron of bond management are back! And J-Gundz is looking to get a Bravo TV deal by throwing some verbal glasses of Pinot Grigio in Billy G's face and then tackling him into the wading pool.

If Bill fights back and Jeffery gets personal, this legit might become the highlight of 2017.

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