mr. gundlach is saying, if we get above 3%, we could easily see 3.20 also the flattens in the u.s. yield curve is probably getting a bit overdone as well if you think of some fundamental reasons cited for why ten-year yields have been selling off, people have been pointing to the rise in inflation expectations commodities boost as well. oil price, energy prices have shot higher. if that's the case you would finally expect that to be expressed in the belly of the curve, not just the front end of the curve, which means we could eventually see some steepening flattening has been a big theme as far as the u.s. yield curve is concerned it's been a pain trade anyone who has had this, but you get the feeling sentiment is turning especially when you hear mr. gundlach saying ten-year, 30 year could break through the 3% and set a new trajectory going forwards, hovering around higher levels than in the past. >> all right >> again, is 3% just a number? head to our website for more market commentary on the move and the u.s. treasury yield. >> let's look at markets looking at the slightly disapp

grant's interest rate observer later jeffrey gundlach will join us with markets, yields and a t lomore "squawk in the street" back after a break. ve lives. mrhis is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. you're still here? we're voya! we stay with you to and through retirement. i get that voya is with me through retirement, i'm just surprised it means in my kitchen. so, that means no breakfast? voya. helping you to and through retirement. >> what's the one sinking dow stock that could be on track for a major turn aunrod? we'll reveal the name on trading nation.cnbc.com. more "squawk in the street" coming up. whoooo. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 b