The Fear of CLOs

Jeffrey Gundlach: We don't know for sure that CLOs are a major problem here or that's what's really bothering the market. And if really looking at the way things stand right now, it seems to me that's far more likely than it is unlikely," he says. "It may just be that there's a small hidden problem somewhere and the markets are saying I can see this snowballing out of control where it becomes a much much bigger issue"