DoubleLine Capital CEO Jeffrey Gundlach said the bond market has become far more attractive than stocks.
The so-called bond king said Treasurys are now “potentially a profit maker,” in an interview on CNBC’s “Closing Bell: Overtime.” He added that his copper-to-gold indicator suggested that the benchmark 10-year Treasury yield is overvalued by 200 basis points, meaning the price has room to go up.
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