(Bloomberg) -- DoubleLine CEO Jeffrey Gundlach said on Twitter Friday he now sees a 90% chance for a Federal Reserve rate cut this year.
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“It took less than 2 days for the bond market to nullify the Fed’s “we’re firmly on hold” message this week,” Gundlach wrote.
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READ: U.S. Rates Will Remain ‘Beholden’ to Path of Coronavirus: BMO
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