UPDATE 1-DoubleLine’s Gundlach: U.S. corporate bonds ‘most dangerous’ part of market
12 Nov UPDATE 1-DoubleLine’s Gundlach: U.S. corporate bonds ‘most dangerous’ part of market
Posted at 23:37h
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News
by KMFSLLP
U.S. corporate bonds are by far
the most dangerous part of the bond market and more than half of
triple-B-rated debt would have a below-investment-grade rating
based on leverage alone, Jeffrey Gundlach, chief executive
officer of DoubleLine Capital, warned on an investor webcast on
Tuesday.
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