Gundlach’s Warning To Corporate Bond Investors
Zero Hedge -

Submitted by Robert Huebscher of Advisor Perspectives

Corporate bonds offer incredibly poor prospects under any scenario, according to Jeffrey Gundlach. If rates rise, prices will drop quickly because their durations are between 7 and 10 years. Falling rates are no better, he said, because they would be accompanied by a bear market in stocks with effects that would extend to corporate bonds.

Gundlach, the founder and chief investment officer of Los Angeles-based DoubleLine Capital, spoke via a...

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