June 10 Jeffrey Gundlach, chief executive
officer of DoubleLine Capital LP, says the 10-year U.S. Treasury
note will likely be in a range between 2.20 percent and 2.80
percent during the second half of year.
In an investor webcast on Tuesday, Gundlach said U.S.
Treasuries are "something of a high-yielding" security relative
to European sovereign bonds.
Gundlach also said U.S. Treasuries are worth a look by
investors as they are yielding in the upper half of his
projected trading range.
(Reporting By Jennifer Ablan; Editing by Chris Reese)