Gundlach Warns Recession Risk Rising as Yield Curve Steepens, Jobs Data in Focus

Falling bond prices and rising yields point to recession risk, says DoubleLine's Jeff Gundlach

Yield curve has rapidly "de-inverted", coming off record inversion levels a few months ago

Gundlach watching Friday's jobs report for clues on unemployment ticking up, a recession indicator

With Fed hikes, Gundlach sees recession hitting in 2023/2024, prompting rate cuts and bond rally

Key economic data still looks healthy, but cooling job market bears watching as signal of downturn