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DoubleLine's Gundlach: Short-maturity U.S. Treasuries look attractive

Reuters  |  NEW YORK 

By Jennifer AblanNEW YORK (Reuters) - Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Tuesday that short-maturity U.S. Treasuries "look as good" relative to stocks and long-maturing bonds than they have in a long time.Gundlach, known as Wall Street's Bond King, said the tariff threat pulls U.S. economic growth forward, as reflected in second quarter gross domestic product, but "growth moving ahead will be incrementally weaker." There should also be higher measured inflation as a result of any tariff implementation, Gundlach said. That should mean a steeper Treasury yield ...

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First Published: Wed, August 01 2018. 03:35 IST
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