DoubleLine Capital chief executive Jeffrey Gundlach warned that the next US downturn could trigger a debt crisis that sends long-term Treasury yields sharply higher — defying decades of conventional wisdom that bonds will always serve as safe haven during times of economic strife.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-17/doubleline-s-gundlach-warns-of-fiscal-crisis-in-next-recession)