Sherman on Predicting Interest Rate Direction | Bloomberg TV

DoubleLine Deputy CIO Jeffrey Sherman joins Bloomberg TV to discuss curve steepening, Treasury market dynamics and why interest rate direction has become harder to predict outside of a recessionary scenario. Mr. Sherman explains why long-dated Treasuries remain vulnerable to heavy fiscal supply, inflation uncertainty and shifting global demand while real yields continue to keep cash on the sidelines. The conversation explores why curve steepeners might offer a clearer opportunity than outright rate calls, how balance sheet policy complicates the yield curve’s signaling power and what these forces mean for fixed income investors navigating a supply-driven bond market.