Morris Chen, Portfolio Manager and Head of CMBS & CRE Debt Investments at DoubleLine Capital, and Robert Stanbrook, Portfolio Manager for the firm's CRE Loan Platform, join the InsuranceAUM.com Podcast to discuss the role of commercial mortgage loans in insurance portfolios.
Learn More
DoubleLine examines the initial market and policy implications of the 2026 U.S. midterm elections after Democrats won both chambers of Congress. Bill Campbell discusses Treasury yields, the dollar, oil, tariffs, the Iran conflict, data-center policy and why DoubleLine’s broader portfolio positioning remains largely unchanged.
Read More
DoubleLine outlines its fourth-quarter 2026 positioning across major fixed income sectors, including Treasuries, corporate credit, mortgages, securitized assets, infrastructure and emerging markets. The report highlights where the firm sees relative value, where it remains cautious and how macroeconomic conditions are shaping duration, credit and currency exposure.
Read More
Stay ahead of shifting global markets with DoubleLine’s Market Commentary, a comprehensive yet accessible monthly review for investors, advisers and institutions seeking informed perspective.
Read More
DoubleLine’s Eric Dhall and Ryan Kimmel examine concentration in the U.S. equity market and discuss valuation- and equal-weight-based strategies designed to complement traditional S&P 500 exposure.
Read More
Japan’s bond and currency markets are pushing back against plans for fiscal expansion paired with accommodative monetary policy. DoubleLine examines parallels with the UK’s 2022 gilt-market crisis and why maintaining fiscal credibility may be increasingly important for developed-market sovereigns.
Read More
AI infrastructure spending is spreading beyond technology companies into utilities, industrials and other investment grade issuers. DoubleLine explains why this growing exposure may create hidden risks in corporate bond portfolios and make active credit selection increasingly important.
Read More Stay ahead of shifting global markets with DoubleLine’s Market Commentary, a comprehensive yet accessible monthly review for investors, advisers and institutions seeking informed perspective.
Read More
DoubleLine reviews the outlook for mortgage-backed securities, commercial real estate debt, asset-backed securities and CLOs. Attractive income and stable fundamentals remain supportive, but changing rates and narrower spreads make active security selection increasingly important.
Read More
DoubleLine sees the economy entering a late-cycle phase marked by slower growth, sticky inflation, and elevated interest rates. The firm favors high-quality fixed income, particularly securitized credit and selected emerging market opportunities, as yields remain attractive and valuations compare favorably to corporate bonds.
Read More
April was defined by markets' shifting assessment of whether the Middle East conflict would de-escalate quickly or evolve into a longer-lasting energy shock with broader macroeconomic consequences.
Read More
This briefing provides a quarterly overview of performance, fundamentals, and investment opportunities across fixed income sectors. It is designed to equip investors with timely insights on market dynamics, highlight where we see the most compelling relative value, and support conversations around how DoubleLine’s strategies are positioned to capitalize on these opportunities.
Read More
Markets are moving higher, led by tech, semiconductors, and strong earnings, while the U.S. economy still looks resilient. The main risk is inflation, especially if long-term Treasury yields rise enough to pressure stocks and credit markets.
Read More
The first-quarter 2026 briefing from DoubleLine Capital delivers a comprehensive analysis of the U.S. securitized products landscape, spotlighting evolving opportunities and risks across Agency and Non-Agency Mortgage-Backed Securities (MBS), Commercial MBS (CMBS), Asset-Backed Securities (ABS), and Collateralized Loan Obligations (CLOs).
Read More
Powell’s tolerance of open dissent on the Fed’s policy committee may weaken the chair’s traditional control and constrain his successor’s ability to unilaterally shape monetary policy.
Read More
Monthly nonfarm payrolls reporting by the Bureau of Labor Statistics, one of the Tier 1 barometers of the U.S. economy, has deteriorated in the reliability of its initial readings as reflected in the increasing amplitude of later revisions to the first prints. Moreover, the BLS over the past year has consistently overstated payroll gains in its initial reports, resulting in downward revisions, sometimes by drastic margins.
Read More
DoubleLine Deputy CIO Jeffrey Sherman joins CNBC to break down the bond market’s latest moves, noting why the Federal Reserve should look past oil-driven inflation and stay focused on labor market conditions.
Read More
The U.S.-Israel air strikes launched Feb. 28 against Iran has opened a fluid environment with future outcomes ranging from swift combat resolution and peaceful transition to protracted conflict and wider international involvement.
Read More
DoubleLine CEO and CIO Jeffrey Gundlach delivers a sharp macro assessment spanning credit markets, interest rate dynamics, equity valuations, and the evolving role of gold in central bank reserves.
Read More
An overview of DoubleLine’s current fixed income views and portfolio positioning across major sectors. The report highlights key opportunities, risks, and themes shaping our investment outlook.
Read More
DoubleLine’s Fixed Income Outlook reviews 2025’s volatile market events and highlights strategic positioning and sector opportunities expected to shape fixed income performance in 2026.
Read More
With policy rates on hold and rate-cut expectations still shifting, DoubleLine Portfolio Manager Ken Shinoda joins Bloomberg TV to break down where carry remains attractive, how the firm is positioning across duration and credit, and why select securitized and floating-rate assets continue to offer compelling risk-adjusted income. The conversation also addresses tight spreads, rising issuance and the importance of discipline in a late-cycle bond market.
Read More
In the interview, Mr. Gundlach discusses key market themes, including U.S. dollar weakness, commodities and precious metals, global markets, and risks across bonds and credit. He also explains how institutional investors should think about portfolio positioning as macroeconomic conditions evolve. The conversation provides guidance for investors focused on navigating today’s Fed-driven market environment.
Read More
In this Money Life conversation, DoubleLine Fixed Income Strategist Ryan Kimmel visits host Chuck Jaffe to speak about growing concerns over the reliability of U.S. economic data and its implications for markets. Mr. Kimmel explains why Bureau of Labor Statistics employment reports have become more prone to revisions due to declining response rates and increased reliance on statistical models, and how distorted labor market data can influence Federal Reserve policy, market volatility and recession forecasting. Their discussion also explores why traditional economic signals have been less reliable in the post-COVID-19 cycle, touching on rolling sector downturns, uneven job growth, tariff impacts and the role of alternative data in assessing the broader economic outlook.
Read More
DoubleLine Deputy Chief Investment Officer Jeffrey Sherman joins CNBC’s Money Movers to talk fixed income markets, U.S. Treasury yields, inflation dynamics and portfolio positioning amid elevated geopolitical risk. Mr. Sherman also discusses the markets’ resilience, how real yields and duration impact DoubleLine’s strategy and what could trigger a breakout in interest rates as investors assess Federal Reserve policy, labor data and fiscal spending. He also shares insights on U.S. dollar trends, emerging markets local-currency bonds and where institutional investors might find attractive risk-adjusted yield opportunities in today’s global fixed-income landscape.
Read More
In DoubleLine’s latest annual Just Markets webcast, “Clue,” CEO-CIO Jeffrey Gundlach frames his market outlook using the logic-based structure of the classic board game, focusing on identifying the who, where and what behind today’s economic and financial challenges. He argues that markets are providing clear signals – or “clues” – about the forces shaping the investment landscape, particularly U.S. fiscal policy, persistent budget deficits and rising government debt. The webcast opens with a detailed review of 2025 performance across equities, fixed income, currencies and commodities, setting the macroeconomic backdrop for 2026.
Read More
The 2026 outlook from DoubleLine Capital delivers a comprehensive analysis of the U.S. securitized products landscape, spotlighting evolving opportunities and risks across Agency and Non-Agency Mortgage-Backed Securities (MBS), Commercial MBS (CMBS), Asset-Backed Securities (ABS), and Collateralized Loan Obligations (CLOs).
Read More
DoubleLine CEO-CIO Jeffrey Gundlach joins Scott Wapner on CNBC’s “Closing Bell” after Federal Reserve Chair Jerome H. Powell’s FOMC press conference to break down what Mr. Gundlach views as a surprisingly dovish message from the Fed. He emphasizes Chair Powell’s repeated claim that the Fed is “well positioned,” along with the Fed chief’s notable suggestion that payroll gains might be overstated – both stances signaling the Fed potentially being more concerned about weakening employment than inflation. Mr. Gundlach also highlights that after the latest cut, the federal funds rate is finally aligned with the two-year Treasury yield, reinforcing his longstanding view that the Fed ultimately follows the front end of the Treasury yield curve.
Read More
DoubleLine’s Phil Gioia, Client Portfolio Manager, sits down with Paul Schroeder, Relationship Manager for Insurance Clients, to discuss the evolving landscape of insurance asset management. The conversation dives into the distinctions among life, property and casualty, and health insurers – and how each company’s liability structure drives unique investment needs. Messrs. Gioia and Schroeder examine key portfolio considerations like risk-based capital (RBC) requirements, liquidity management and the balance between yield generation and solvency protection in a challenging market defined by policy and geopolitical uncertainty.
Read More The third-quarter 2025 briefing from DoubleLine Capital delivers a comprehensive analysis of the U.S. securitized products landscape, spotlighting evolving opportunities and risks across Agency and Non-Agency Mortgage-Backed Securities (MBS), Commercial MBS (CMBS), Asset-Backed Securities (ABS), and Collateralized Loan Obligations (CLOs).
Read More
Insurance companies today face rising macroeconomic and geopolitical uncertainty, prompting the need for a shift toward resilient, income-generating assets. Securitized fixed income offers an attractive solution for insurance companies' portfolios in this uncertain market environment. However, securitized fixed income remains underrepresented in many insurers' portfolios. DoubleLine is here to partner with insurers in this uncertain market environment, as securitized fixed income is a hallmark of the firm. We have been partnering, providing custom solutions, and managing securitized fixed income portfolios for our insurance clients since the firm’s inception in 2009.
Read More
DoubleLine CEO-CIO Jeffrey Gundlach joins CNBC’s Scott Wapner following Federal Reserve Chairman Kevin Warsh’s latest Federal Open Market Committee press conference, and Mr. Gundlach’s takeaway is that the Fed is stuck in a loop on rates of “ready, aim, aim, aim, aim,” with the trigger never pulled.
Read More DoubleLine’s Bill Campbell, head of the global sovereign and emerging markets team, joins Bloomberg’s The Close to discuss questions about the AI buildout and its impact on the credit market. Mr. Campbell notes the problem is the underwriting assumptions baked into projected earnings, and he points out the factors creating a circular logic that could...
Read More DoubleLine Deputy CIO Jeffrey Sherman joins CNBC’s Closing Bell Overtime after a hotter than expected CPI report sent the bond market on a rough ride. Fed governors had spent the run-up arguing a hike wasn’t needed, and the data blew that up.
Read More DoubleLine’s Ken Shinoda examines the sharp rise in Treasury yields, narrow equity market leadership and persistent inflation concerns while highlighting opportunities in short-duration securitized credit and floating-rate investments.
Read More In this highlight video from DoubleLine’s September client event at the Plaza Hotel in New York, CEO-CIO Jeffrey Gundlach joins Deputy CIO Jeffrey Sherman for a wide-ranging look at bonds, credit and markets. Mr. Gundlach argues that many of the relationships that investors relied on for decades have stopped working, a new world he calls “backward land.” The clearest consequence is a view that runs against conventional wisdom: “In the next recession, long term rates will go up” as a downturn pushes the deficit toward 12% of GDP and interest expense toward $3 trillion a year. With the government increasingly uncomfortable with where rates are headed, he expects more intervention, starting with a larger Operation Twist.
Read More
DoubleLine Deputy CIO Jeffrey Sherman joins Bloomberg’s The Close to discuss why the firm’s not backing away from the front end of the U.S. Treasury yield curve despite a rough year for bonds.
Read More DoubleLine Portfolio Manager Ken Shinoda joins Bloomberg’s The Close to break down the Federal Reserve’s unanimous decision to hike. Mr. Shinoda notes markets had already priced in a hike with better than 90% confidence, so the real story is how quickly the bond market gave back its initial rally.
Read More DoubleLine CEO-CIO Jeffrey Gundlach joins CNBC following Federal Reserve Chairman Kevin Warsh’s Federal Open Market Committee (FOMC) press conference, calling the FOMC’s hike of 25 basis points (bps) a case of too little, too late. Mr. Gundlach says he would have dissented in favor of 50 bps, what he dubs “stun and done,” pointing to sustained inflation metrics.
Read More DoubleLine CEO-CIO Jeffrey Gundlach examines the outlook for Fed policy, persistent inflation and rising long-term interest rates ahead of the September FOMC meeting. He also discusses widening spreads among AI-related corporate bonds, equity market concentration, the U.S. dollar and opportunities in emerging markets.
Read More DoubleLine’s Ken Shinoda examines market rotation beneath relatively flat headline equity indexes, widening risk signals within hyperscaler credit and renewed pressure on global interest rates. He continues to favor short duration and securitized credit as rates remain the primary driver of fixed income returns.
Read More
DoubleLine Deputy CIO Jeffrey Sherman joins Bloomberg’s The Close to unpack the latest leg of the bond sell-off, which he attributes to a confluence of anxieties, from AI-driven hyperscaler capital expenditure (capex) to years of unresolved fiscal excess across the developed world.
Read More DoubleLine's Bill Campbell, head of the firm's global sovereign and emerging markets team, joins Client Portfolio Manager Jeff Probst on the latest episode of Perspectives to unpack why markets read Fed Chair Warsh's second meeting so differently than his first.
Read More
Jeffrey Sherman discusses rising inflation pressures, AI-driven borrowing and signs that credit markets are becoming more selective. He also considers what the Federal Reserve’s new task force leadership may mean for policy.
Read More DoubleLine Portfolio Manager Ken Shinoda reviews a June market environment shaped by easing energy prices, broader equity participation, Fed policy shifts and continued strength in short-duration and floating rate fixed income. He also discusses Mag 7 performance, inflation breakevens and why he believes the market is becoming more selective.
Read More Eric Dhall and Mark Kimbrough review second-quarter performance across stocks, bonds, commodities and the US dollar. They also assess labor-market data and preview upcoming inflation reports and corporate earnings.
Read More DoubleLine Deputy CIO Jeffrey Sherman joins Bloomberg’s The Close with Katie Greifeld and Romaine Bostick to discuss the recent U.S. Treasury rally, attributing the front-end move primarily to relief in crude oil prices but cautioning that core inflation still has a problem.
Read More Robert Cohen discusses how war, inflation and AI investment are shaping corporate credit markets. He explains why DoubleLine limits AI exposure in fixed-income portfolios and favors lower-duration, actively managed strategies.
Read More DoubleLine Portfolio Manager Ken Shinoda reviews a May market environment where equities rallied while bond yields repriced higher. He discusses tech and momentum leadership, global market divergence, commodity softness, resilient macro data and fixed income opportunities in floaters, short duration and securitized credit.
Read More DoubleLine CEO and CIO Jeffrey Gundlach discusses Fed Chair Kevin Warsh’s debut FOMC press conference and what it may signal for monetary policy. He also shares views on long-term Treasuries, U.S. equity concentration, AI capital spending, emerging markets and Fed independence.
Read More DoubleLine CEO-CIO Jeffrey Gundlach and Felix Zulauf discuss the shift from a unipolar to multipolar world, structural inflation pressures, AI-driven market concentration and the fiscal outlook. They also examine long-term Treasury yields, private credit risks and the potential for a more challenging market cycle ahead.
Read More DoubleLine CEO Jeffrey Gundlach discusses why long-term interest rates may remain elevated, why inflation could prove more persistent than expected, and why market risks may extend across equities, commodities, private credit, AI, and global capital markets. The webcast also examines weakening consumer sentiment, affordability pressures, and the potential implications of a weaker U.S. dollar.
Read More DoubleLine Portfolio Manager Morris Chen discusses DCRE, DoubleLine’s active investment-grade commercial mortgage-backed securities ETF, and the importance of bottom-up selectivity in commercial real estate debt. He also shares his cautious view on data center CMBS when spreads do not compensate investors for the additional uncertainty.
Read More
Morris Chen, Portfolio Manager and Head of CMBS & CRE Debt Investments at DoubleLine Capital, and Robert Stanbrook, Portfolio Manager for the firm's CRE Loan Platform, join the InsuranceAUM.com Podcast to discuss the role of commercial mortgage loans in insurance portfolios.
Read More DoubleLine’s Eric Dhall and Ryan Kimmel review a month when tech giants pushed the S&P 500 to new highs while bond yields eased and commodities declined. Listeners will hear their views on headline-driven market moves, inflation, real wage pressure and key labor market data to watch.
Read More DoubleLine’s Eric Dhall and Mark Kimbrough review a volatile week when stocks hit a new high before selling off as Treasury yields rose sharply. Listeners will hear their views on inflation pressure, bond vigilantes, Fed expectations and key economic data to watch.
Read More DoubleLine Portfolio Manager Bill Campbell joins Bloomberg’s The Close live from DoubleLine’s L.A. offices to discuss what he sees as a structural sea change in global bond markets – one where developed market sovereign debt is increasingly being scrutinized with the same rigor historically reserved for emerging economies.
Read More DoubleLine’s Jeff Mayberry and Ryan Kimmel review a market led by large technology stocks, while Treasuries responded to oil-driven volatility. Viewers will hear their take on jobs data, inflation pressure, weak consumer sentiment, and key economic reports to watch.
Read More DoubleLine Deputy CIO Jeffrey Sherman discusses why investors should focus on fundamentals instead of short-term headlines. Viewers will hear his views on stretched equity valuations, inflation pressure, emerging markets local currency bonds, gold, and why U.S. immigration policy may be one of the market’s most underpriced risks.
Read More DoubleLine Portfolio Manager Eric Dhall and Asset Allocation Strategist Ryan Kimmel welcome the market driver: signs belligerents in the U.S.-Iran war might de-escalate and re-open the Strait of Hormuz. Eric and Ryan, however, take a wait-and-see stance amid uncertainties on a hope-for road from ceasefire to lasting peace.
Read More DoubleLine Portfolio Manager Ken Shinoda breaks down the “Land of Pain” in March across equities, commodities and fixed income, reviewing market performance with an eye on risk management, global allocation, duration strategy and where opportunities might emerge as markets reprice risk.
Read More DoubleLine CEO Jeffrey Gundlach breaks down the Federal Reserve’s latest policy decision and Chair Jerome H. Powell’s press conference, highlighting the Fed’s repeated admission of uncertainty and shifting outlook on inflation and growth.
Read More February delivered a sharp rotation across global markets, and in this episode of Channel 11, DoubleLine Portfolio Manager Ken Shinoda breaks down what’s driving the shift.
Read More
In this episode of Perspectives, Client Portfolio Manager Phil Gioia sits down with Portfolio Manager Andrew Hsu to demystify the securitization process and address common misconceptions around transparency in securitized markets.
Read More In this 2026 Credit Market Outlook round table, DoubleLine’s Phil Gioia moderates a wide-ranging discussion with Portfolio Managers Robert Cohen, Ken Shinoda and Morris Chen, exploring how shifting macroeconomic dynamics, valuations and emerging structural themes – most notably AI-driven capital investment – are shaping today’s credit landscape.
Read More
DoubleLine’s Andrew Hsu and Fifi Wong join the InsuranceAUM Podcast to explore how insurers can build resilient portfolios through structured credit, ABS, and asset-based finance.
Read More DoubleLine founder and CEO Jeffrey Gundlach joins CNBC's "Closing Bell" to discuss Federal Reserve chairman Jerome Powell's remarks after the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%.
Read More DoubleLine’s Phil Gioia, Client Portfolio Manager, sits down with Paul Schroeder, Relationship Manager for Insurance Clients, to discuss the evolving landscape of insurance asset management.
Read More
DoubleLine Portfolio Manager Ken Shinoda joins Bloomberg TV following the FOMC’s 25-basis-point rate cut to share insights on the Fed’s cautious approach, the outlook for rate cuts and how fiscal risks are shaping the Treasury curve. Shinoda highlights opportunities on the short end of the curve, warns against reaching for yield amid tight credit spreads, and underscores the value of high-quality assets like agency MBS. He also discusses systemic risk concerns, private credit vulnerabilities, and the potential impact of an end to quantitative tightening.
Read More