Gundlach Takes Longshot Bet on US Debt Revamp With Low Coupons

DoubleLine Capital’s Jeffrey Gundlach is repositioning some of his funds for the longshot possibility that the US government could move to alter its existing debt.

By Brian Chappatta, Katie Greifeld, Romaine Bostick · Bloomberg Markets

DoubleLine Capital’s Jeffrey Gundlach is repositioning some of his funds for the longshot possibility that the US government could move to alter its existing debt.