Jeffrey Sherman Shares Shadow Fed Hedge on Fox Business

DoubleLine Deputy CIO Jeffrey Sherman joins Charles Payne on Fox Business News on Fed Day to discuss his “shadow Fed” hedge and the implications of U.S. Treasury curve steepening in the bond market. Mr. Sherman breaks down his long-two-year/short-10-year trade; explains how premature rate cuts by the Federal Reserve could fuel inflation; and shares his outlook on U.S. economic growth, consumer spending and the Fed’s next moves. Amid global uncertainty and resilient labor markets, he offers a nuanced take on what investors should watch for in the months ahead.