SCHIFRIN: SO THE POPULAR WISDOM OF OH, THE RATES CAN’T GO ANY LOWER IS JUST MALARKEY?

GUNDLACH: Well, they’ve been lower in Japan. I don’t know if you want to make a direct correspondence between the U.S. and Japan. When I was thinking about we were at below interest rate, I went on CNBC and at the time, the 10-year Treasury was at 1.60

Link to interview here, video below