October 04, 2011 at 13:48 PM EDT
Junk Bonds are Cheap, But 'Too Early' to Buy: Gundlach
Jeffrey Gundlach, CEO and CIO of the fixed-income investment management firm DoubleLine Capital, told CNBC Tuesday "junk bonds are actually cheap now. They've gone from the richest in history to a massive underperformance versus government bonds."
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