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DoubleLine’s Sherman Stays Underweight On Long-Term Treasuries

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DoubleLine’s Sherman Stays Underweight On Long-Term Treasuries DoubleLine Capital’s Jeff Sherman said he remains bearish on long-term Treasuries, arguing that heavy government borrowing and weakening demand will continue to pressure the market. Treasuries rallied Thursday as haven demand returned amid concerns about the artificial-intelligence trade and turmoil in the French market. But the rebound from “oversold” levels hasn’t altered the fundamental pressures facing longer-dated debt,...

DoubleLine’s Sherman Stays Underweight On Long-Term Treasuries DoubleLine Capital’s Jeff Sherman said he remains bearish on long-term Treasuries, arguing that heavy government borrowing and weakening demand will continue to pressure the market. Treasuries rallied Thursday as haven demand returned amid concerns about the artificial-intelligence trade and turmoil in the French market. But the rebound from “oversold” levels hasn’t altered the fundamental pressures facing longer-dated debt, Sherman, deputy chief investment officer at DoubleLine, said on Bloomberg Television.
DoubleLine (ORG) Sherman Stays (PERSON) Long-Term Treasuries (ORG) Jeff Sherman (PERSON) Treasuries (ORG) French (ORG) Sherman (ORG) Bloomberg Television (ORG)
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