Gundlach and JPMorgan Warn Inverted Yield Curve Signals Looming Recession

Billionaire investor Jeff Gundlach warns soaring bond yields signal a recession is coming.

Narrowing gap between 2-year and 10-year Treasury yields puts economy on "recession alert."

Inverted yield curve has predicted every recession since 1969.

JPMorgan Asset Management also warns bond sell-off increases risk of "financial accident."

Gundlach says if unemployment rate rises a couple tenths, it will confirm "recession alert."