Jeff Gundlach: Risk Of Deflation Keeps The Fed On Hold

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Oct 15, 2014

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Jeff Gundlach of Doubleline Capital did a phone interview with Scott Wapner of CNBC on his thoughts of where the 10-year note is heading. He also went on to discuss where the 10-year note is going to affect the Federal Reserve policy. Gundlach believes the 10-year note yield should stay at least 2.20% and that stocks should bounce. He believes that the deflationary risk will keep the Fed from raising rates.

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