Gross and others: Buy bonds now amid economic slowdown signals and shifting bond yield outlook

Bill Gross says investors should buy bonds now as economic slowdown is coming

Gross predicts a recession in Q4 as bank struggles and auto delinquencies indicate slowing economy

Some see bond yield spikes as doing some of Fed's tightening work already

Prof. Siegel thinks higher bond yields may prevent Nov Fed rate hike and lead to permanent pause

After huge bond selloff and high yields, Gross and others say "higher for longer" view is outdated