Business

Jeffrey Gundlach: Probability Of Another Hike By March And June 2016 [SLIDES]

Jeffrey Gundlach’s DoubleLine Total Return Bond Fund webcast  slides on the probability of another hike by March and June 2016.

Jeffrey Gundlach: Fed’s Plot

Jeffrey Gundlach

Market Implied Central Bank Expectations

Jeffrey Gundlach

Probability Of Another Hike By March And June 2016

Jeffrey Gundlach

Wu-Xia Shadow Federal Funds Rate

December 1 ,2002 to February 29, 2016

Jeffrey Gundlach

Source: Bloomberg

Wu-Xia is a model used by the Federal Reserve to models short-term interest rates is the maximum of the shadow federal funds rate and a lower bound calibrated to be 25 basis points on both
required and excess reserve balances during the December 16, 2008 to December 15, 2015, period when the Federal Open Market Committee (FOMC) set the target range for the federal funds rate
at 0 to 24 basis points. Basis point = one hundredth of one percent. You cannot invest directly in an index.

As of February 29, 2016

Jeffrey Gundlach

Source: Bloomberg, DoubleLine

Wu-Xia is a model used by the Federal Reserve to models short-term interest rates is the maximum of the shadow federal funds rate and a lower bound calibrated to be 25 basis points on both
required and excess reserve balances during the December 16, 2008 to December 15, 2015, period when the Federal Open Market Committee (FOMC) set the target range for the federal funds rate
at 0 to 24 basis points. Basis point = one hundredth of one percent. PCT = percent. You cannot invest directly in an index.

See full PDF below.