Doubleline Capital's Jeffrey Gundlach Says Long End Of Bond Market Doesn't Want Fed To Be Easing Aggressively
Portfolio Pulse from Benzinga Newsdesk
Jeffrey Gundlach from Doubleline Capital expressed in a CNBC interview that the long end of the bond market is not in favor of aggressive easing by the Federal Reserve. This suggests potential impacts on interest rate expectations and bond yields.
September 18, 2024 | 7:26 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Jeffrey Gundlach's comments on the bond market's resistance to aggressive Fed easing could influence SPY, as changes in interest rate expectations and bond yields impact equity markets.
SPY, as an ETF tracking the S&P 500, is sensitive to changes in interest rate expectations and bond yields. Gundlach's comments suggest potential stability in rates, which could maintain current equity valuations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50