Gundlach Says the Fed Might Regret Raising Rates

Updated on
  • `We're looking at some real carnage in the junk-bond market'
  • Central bankers could end up in a `conundrum,' manager says

DoubleLine CEO Jeffrey Gundlach

Photographer: CNBC/NBCU Photo Bank via Getty Images

Jeffrey Gundlach, whose $51.3 billion DoubleLine Total Return Bond Fund has outperformed 99 percent of peers over the past five years, said the Federal Reserve may come to regret raising U.S. interest rates amid signs of a fragile economy and a crumbling credit market.

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