Jeffrey Gundlach says bonds are attractive now. Here’s how he builds a portfolio with an 8% return

Jeffrey Gundlach said Treasurys are now ‘potentially a profit maker’ in an interview on CNBC’s’Closing Bell: Overtime’ He added that his copper-to-gold indicator suggested that the benchmark 10-year Treasury yield is overvalued by 200 basis points, meaning the price has room to go up. With investors able to build a bond portfolio with an 8% annualized return, he said. ‘It’s far, far more attractive than stocks,’ he added. Buying safe government bonds allows investors to shop for riskier, more opportunistic credits in the market, he added, such as guaranteed mortgages, junk bond yields, emerging market debt and asset back securities. The strategy also has a natural hedge. . . .