Gundlach, the “king of new debt,” said that if the Federal Reserve keeps interest rates unchanged against market expectations at next week's policy meeting, it may trigger a new rise in long-term treasury bond yields and intensify the historic sell-off in the bond market.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.