"New Bond King" Gundlach: The Fed faces the most predictable "standstill" in years

According to Jinshi, the "new bond king" Gundlach said that the Fed's upcoming interest rate decision is the most predictable "standstill" in recent years. However, although the vast majority of people expect the Fed to keep interest rates stable at this week's meeting, traders have increased their bullish bets on US Treasuries because they hope that Fed Chairman Powell will signal a possible rate cut at the March meeting.

Gundlach said that the focus of Powell's press conference should be on the dual mission of price stability and full employment, "the relationship between the two is currently in tension, so this is more prominent than ever before."