Jeffrey Gundlach (born October 30, 1959) is the founder of Doubleline Capital, an investment firm. He was formerly the head of the $9.3 billion TCW Total Return Bond Fund, where he finished in the top 2% of all funds invested in intermediate-term bonds for the 10 years that ended prior to his depar…
The risk-reward set-up was favorable, the 30-year Treasury went to a new high yield and no other part of the curve did. This was exactly the opposite of what happened at the low in yields in January.