More on Jeff Gundlach's Federal Reserve comments earlier

Chief executive officer of DoubleLine Capital, Jeffrey Gundlach spoke earlier at an event for DoubleLine clients

Headlines here:

• More from Gundlach: Jerome Powell's Fed 'is not going to bail out the market'

Gundlach says US treasuries are 'not attractive'

Reuters have a recap up worth checking out for a little more detail:

• Gundlach said the Fed's "quantitative tightening" was a factor in rising Treasury yields. The uptrend in yields will continue as foreigners will be averse to purchasing U.S. bonds because of hedging costs, he said.
• "The Fed is not going to bail out the market - unless there is a big problem," he said. "The stock market peaked the last day of Janet Yellen's tenure, as Federal Reserve chairperson, literally," Gundlach said.