gundlach

According to Jin Shi's report, DoubleLine Capital CEO Gundlach stated that investors will not see interest rate cuts at the next Federal Reserve policy meeting. He pointed out that although the market had anticipated two rate cuts this year, the inflation market is simply not cooperating. Gundlach mentioned that when the two-year U.S. Treasury yield is nearly 50 basis points higher than the federal funds rate, it is impossible to implement rate cuts. He also stated that Kevin Walsh, who has just been confirmed as the Federal Reserve Chairman, is taking office during a "difficult time" and predicted that the first digit of the next CPI index will be in the "4 range."

According to Jinshi reports, "Bond King" Gundlach stated that the two-year U.S. Treasury yield suggests that a rate hike by the Federal Reserve is imminent.

ChainCatcher news, according to Jin Shi reports, "new bond king" Gundlach stated that the Federal Reserve's upcoming interest rate decision is the most predictable "hold steady" in recent years. However, despite the vast majority expecting the Federal Reserve to maintain stable rates at this week's meeting, traders have increased their bullish bets on U.S. Treasuries, hoping that Fed Chairman Powell will signal a possible rate cut at the March meeting.Gundlach stated that Powell's press conference should focus on the dual mandate of price stability and full employment, "the relationship between the two is currently under tension, making it more prominent than ever."