The love is gone.
Bloomberg recently interviewed DoubleLine
CEO Jeffrey Gundlach
about the bond markets and the Total Return Bond Fund
manager said that yields are shrinking enough to make investors think twice about the asset class.
“If bond yields stay where they are, we’re getting to a place by the end of July where the 12-month trailing return is just over 1 percent,” Gundlach told the newswire. “There will be a rethinking of bond allocations.”
The newswire notes that strategists are predicting an end to the three- decade rally in bonds as benchmark rates remain near zero for a fifth year in a row and stock markets continue to rally.
Read more about what Gundlach and others have to say about the subject in
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