Video Description

DoubleLine CEO Jeffrey Gundlach joins CNBC after the Federal Reserve’s 25-basis-point rate cut to share his outlook on the Fed’s next moves, inflation’s persistence and the U.S. Treasury yield curve’s steepening. Mr. Gundlach discusses why the market’s confidence in a December cut might be misplaced, how the Fed’s balance sheet strategy could reduce interest expense on U.S. debt and why he expects opportunities in Agency mortgage-backed securities, corporate bonds and emerging markets debt. He also cautions about rising vulnerabilities in private credit, the potential for a liquidity crunch and the importance of rebalancing after a strong year for financial assets.