DoubleLine's Sherman Maintains Underweight On Long-Term Treasuries
· Business · Bloomberg, LiveMint
Jeff Sherman, deputy chief investment officer at DoubleLine Capital, reiterated a bearish stance on long-term Treasuries, citing heavy government borrowing and weakening demand as persistent market pressures. Treasuries rallied Thursday on haven demand amid artificial-intelligence trade concerns and turmoil in the French market, but Sherman said the rebound from oversold levels has not altered the fundamental outlook. He warned that continued heavy issuance will keep longer-dated debt under downward pressure. Sherman made the comments on Bloomberg Television on October 22, 2026.
Why it matters
Investors with exposure to long-term government bonds face continued price pressure, which could affect portfolio yields and broader borrowing costs across the financial system.
Read the original report — Bloomberg
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.