DoubleLine CEO Jeffrey Gundlach predicted Donald Trump victory
One of the few prominent money managers who correctly predicted the next president of the U.S. also pretty much nailed this year's bottom for Treasuries
Dan Ivascyn, Bill Gross’ successor at Pimco, not as flamboyant as the old bond king, but he has produced results
He cuts a much lower profile and his comments about the market are filled with introspection.
Bond dealers use BlackRock junk-bond ETF as substitute balance sheet
Rather than hold assets that could lose value and would require them to hold extra capital, brokers are instead relying on this fund to be an easy source of bonds when clients want them.