Gundlach says ‘LQD’ corporate bond ETF looks like the most overvalued bond asset because of Fed

Gundlach says ‘LQD’ corporate bond ETF looks like the most overvalued bond asset because of Fed

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Jeffrey Gundlach speaking at the Sohn conference in New York on May 4, 2016.

David A. Grogan | CNBC

Billionaire hedge fund supervisor Jeffrey Gundlach stated a well known exchange-traded fund is very overvalued presented some of the Federal Reserve’s steps to help the overall economy for the duration of coronavirus pandemic.

He spoke on Monday with CNBC’s Scott Wapner on “Halftime Report.”

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MILENA RIOS

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