DoubleLine is increasing shorter-term government bonds on the grounds that Federal Reserve Chairman Kevin Walsh's creditworthiness among investors will help the central bank keep interest rates unchanged this year. Bill Campbell, the company's global sovereign debt and emerging markets portfolio manager, said that high US Treasury yields are driving up borrowing costs, and if the data continues to show that inflation is slowing down, it may cause the Federal Reserve to keep interest rates unchanged.

DoubleLine is increasing shorter-term government bonds on the grounds that Federal Reserve Chairman Kevin Walsh's creditworthiness among investors will help the central bank keep interest rates unchanged this year. Bill Campbell, the company's global sovereign debt and emerging markets portfolio manager, said that high US Treasury yields are driving up borrowing costs, and if the data continues to show that inflation is slowing down, it may cause the Federal Reserve to keep interest rates unchanged.