BusinessPhoto: Mint MarketsDoubleLine’s Sherman Remains Bearish on Long-Term Treasuries
Jeff Sherman, deputy chief investment officer at DoubleLine Capital, stated he remains bearish on long-term U.S. Treasuries due to heavy government borrowing and weakening demand. Despite a recent rally driven by safe-haven buying amid AI trade concerns and French market turmoil, Sherman expects continued pressure on longer-dated debt. He also criticized Treasury Secretary Scott Bessent's attempts to lower yields through aggressive rhetoric, saying the market has not responded well.
Mint Markets·




