DoubleLine’s Gundlach says it’s ‘a little late’ to go into U.S. Treasuries after rally

It is “a little late” to purchase U.S. Treasuries, which have been rallying recently, and “if Treasury rates are going to fall from here, something bad is happening,” Jeffrey Gundlach, chief executive of DoubleLine Capital, said in a telephone interview on Monday.

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Source:: Reuters – Business News