Jeffrey Gundlach

Here's where Jeffrey Gundlach is investing after the Fed held rates steady

The US Federal Reserve decided to keep interest rates unchanged. Jeffrey Gundlach, who leads DoubleLine Capital, said he is not making big bets in the bond market now. He prefers to wait and see how the economy reacts before taking more risk. Gundlach believes the current rate pause gives him time to look for safer opportunities.