Bloomberg News

Gundlach Says U.S. Treasuries to Be Best Performing Asset Class

June 20, 2013

Jeffrey Gundlach, manager of the top-ranked DoubleLine Total Return Bond Fund, said U.S. Treasuries will be the best-performing asset class for the next few months.

“Government bonds are also caught up in price deflation of assets and commodities, but I just think if bond yields rise further then it seems crystal clear to me then equities and commodities will tank,” Gundlach said in a telephone interview today. “Therefore, you’ll lose less in Treasuries if rates rise than many other asset classes.”

To contact the reporter on this story: Alexis Leondis in New York at aleondis@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net


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