2min chapter

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Liquidity Has “Dried Up,” Says $100 Billion Investor | Jeffrey Sherman

Forward Guidance

CHAPTER

Fixed Income Markets - Isn't the Market Neurotic?

Jeffrey Gundlach: We've carried elevated s of cash, but not enough. And so i think you're going to see some cash come back to fix markets like the t ts h y gs. He says investors are buying long duration treasuries and junk junk bonds at the same time. Gundlacht: It's not a bad trade. You're betting on the economy and you're betting against the economy at thesame time.

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