Svmuu News Jeffrey Gundlach, CEO of DoubleLine Capital LP and known as the "New Bond King," stated that investors will not see a rate cut at the Fed's next policy meeting. He bluntly said that when the two-year U.S. Treasury yield is nearly 50 basis points higher than the federal funds rate, a Fed rate cut is "simply impossible." He warned that next month's CPI reading is more likely to "exceed 4%," and that the speculative frenzy in the stock market harbors risks. (Jinshi)