We have never owned a single corporate bond in the Total Return Strategy dating back to 1993. Look it up, when corporate bonds become very overvalued, especially when rates fall due to recession prospects increasing — well? Jeffrey Gundlach More Quotes by Jeffrey Gundlach More Quotes From Jeffrey Gundlach What happens if the next data report that comes out is unchanged or stronger than the previous one, then talk of another hike gets louder, the Fed historically starts something and they continue on with The Fed as long as the situation stays largely similar. If you start raising rates after such a long period of zero-bound rates, it is a different regime. Jeffrey Gundlach company-news The global economy is weak, it just seems to me that things aren't exactly fine. Jeffrey Gundlach company-news To raise interest rates when junk bonds are nearly at a four-year low is a bad idea. Jeffrey Gundlach company-news It is too early to make a judgment on Pimco, less than one year is too early for any investment strategy. But I do think it would behoove them to clarify their investment process absent Bill Gross. Jeffrey Gundlach company-news I can see why they want to get off of zero, but the economy just hasn't really been able to corroborate. Jeffrey Gundlach company-news I don't think the Fed is going to raise rates in September. Jeffrey Gundlach company-news 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. Jeffrey Gundlach company-news If you take out your magnifying glass, you might convince yourself that hourly earnings are actually rising. Jeffrey Gundlach business If you want to talk about something that is absolutely not going to happen, it is 1.5 percent inflation over all future time windows. Jeffrey Gundlach business I know it is not for everyone but it is one of the more interesting plays. Jeffrey Gundlach company-news The U.S. trade data points to economic contraction. Jeffrey Gundlach company-news I hope Puerto Rico munis go lower so I can buy more. Jeffrey Gundlach company-news Puerto Rican muni bonds are my recommendation for a risky thing to buy because they have priced in a lot of problems. Jeffrey Gundlach business I like the 3 percent 10-year; I'd like a 4 percent 10-year, i don't think we are going to get there anytime soon. It'd be nice if yields were higher. Jeffrey Gundlach company-news It's just not a lot of fun, it's fun when you buy something where you feel like, 'You know what, I am getting 14 percent on this thing, and I will probably make a 20 percent gain.'. Jeffrey Gundlach company-news If oil goes to $40, then the 10-year could be going to 1 percent, the downward momentum on oil has likely found phase 2. Jeffrey Gundlach money I still believe that there is a danger of repeat of a Treasury meltup that 2014 did end up bringing, particularly into the crescendo of October 15, if something can't go up, it has to go down. Yields can't seem to go up. They might go down. And if they go down any amount again, if the 10-year goes below 2 percent, even below 2.20 percent, that's the line in the sand I am talking about. Jeffrey Gundlach money The 10-year Treasury could join the Europeans and go to 1 percent. Why not? The European rates are at 1 percent. France is below 1 percent right now. Jeffrey Gundlach money It seems to me almost unthinkable that U.S. interest rates could rise in any meaningful way against a backdrop of Spanish bond yields being less than 2 percent, bond yields are going to drop, I think, because if they can't go up, then they have to go down. Jeffrey Gundlach company-news The message of 2014 has been: As the potential for Fed rate hikes has increased, the long end has done nothing but rally. I think the yield curve is going to flatten at a level previously thought unthinkable. Jeffrey Gundlach company-news
