File photo of CEO and CIO of DoubleLine Capital Gundlach speaking during Sohn Investment Conference in New York

 
File photo of CEO and CIO of DoubleLine Capital Gundlach speaking during Sohn Investment Conference in New York
CEO and CIO of DoubleLine Capital Jeffrey Gundlach speaks during the Sohn Investment Conference in New York in this file photo from May 16, 2012. Gundlach, one of the world's leading bond fund managers, has reversed his stance on government debt, saying he has bought "more long-term Treasuries in the last month" than in the last four years. REUTERS/Eduardo Munoz