Doubleline's Gundlach Says He Does Not Like 30-Year Treasuries Because People Could Get Spooked By Deficit In Next Few Years
Portfolio Pulse from Benzinga Newsdesk
Doubleline's Jeffrey Gundlach expressed his negative outlook on 30-year Treasuries, citing concerns that the deficit could spook investors in the coming years.
May 23, 2024 | 6:06 pm
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NEGATIVE IMPACT
Jeffrey Gundlach's negative outlook on 30-year Treasuries could lead to increased volatility in the broader market, potentially impacting SPY.
Gundlach's bearish stance on long-term Treasuries suggests potential market instability, which could negatively affect SPY in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50