Edition:
United States

Jennifer Ablan

DoubleLine's Gundlach: U.S. corporate bonds 'most dangerous' part of market

9:23am EST

NEW YORK U.S. corporate bonds are by far the most dangerous part of the bond market and more than half of triple-B-rated debt would have a below-investment-grade rating based on leverage alone, Jeffrey Gundlach, chief executive officer of DoubleLine Capital, warned on an investor webcast on Tuesday.

Pimco chief Dan Ivascyn says Fed will hike despite Trump criticism

Oct 30 2018

NEW YORK Dan Ivascyn, the group chief investment officer at bond giant Pacific Investment Management Co, on Tuesday called the high-yield bond market “one of our least favorite sectors,” commenting against the backdrop of a likely interest-rate increase by the U.S. Federal Reserve in December.

Tesla critic Citron makes U-turn ahead of results

Oct 26 2018

NEW YORK Tesla Inc shares jumped more than 12 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is now betting the electric automaker's stock will rise. | Video

'Despondent' Musk's Tesla resembles Lehman, Greenlight's Einhorn says

Oct 05 2018

NEW YORK Hedge fund manager David Einhorn lambasted Tesla Inc and its "despondent" Chief Executive Elon Musk on Friday, comparing the electric car company to Lehman Brothers Holdings Inc, where he had flagged accounting problems several months before its 2008 collapse.

DoubleLine's Gundlach: 30-year U.S. Treasury signals higher bond yields

Oct 04 2018

NEW YORK Jeffrey Gundlach, chief executive of Doubleline Capital, on Thursday said the 30-year U.S. Treasury bond yield has broken above a multiyear base, which should lead to significantly higher yields for financial markets.

Pimco's Ivascyn says short-maturing U.S. Treasuries look more attractive

Oct 04 2018

Pimco Group Chief Investment Officer Dan Ivascyn, who helps oversee more than $1.71 trillion, said on Thursday that U.S. Treasuries look more attractive because of higher yields but only in the short end of the curve.

Ultra-short obligation funds attract inflows ahead of Fed: Lipper

Sep 20 2018

NEW YORK Investors took on a defensive approach ahead of next week's Federal Reserve meeting, pouring money into ultra-short obligation funds as well as equity and fixed-income exchange-traded funds, Lipper data showed on Thursday.

Cryptocurrency has hit bottom, bitcoin due for renaissance: Novogratz

Sep 20 2018

NEW YORK Michael Novogratz, former macro hedge fund manager and founder of cryptocurrency asset management firm Galaxy Digital Capital Management, on Thursday said that the bottom in cryptocurrency prices has been reached and bitcoin is due to bounce back.

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