Gundlach says ?bad idea? for Fed to hike rates when junk bonds at 4-yr low

[ahlam1399]

Gundlach says ?bad idea? for Fed to hike rates when junk bonds at 4-yr low

Gundlach says ?bad idea? for Fed to hike rates when junk bonds at 4-yr low
NEW YORK, Aug 18 (Reuters) - DoubleLine Capital's co-founder Jeffrey Gundlach warned on Tuesday that it might be difficult for the U.S. Federal Reserve to raise interest rates next month, given junk-bond prices are hovering near four-year lows.

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