UPDATE 2-DoubleLine's Gundlach says 'bad idea' for Fed hike with junk bonds at 4-yr low
August 18, 2015 at 18:01 PM EDT
NEW YORK, Aug 18 (Reuters) - DoubleLine Capital's co-founder Jeffrey Gundlach warned on Tuesday that it might be premature for the U.S. Federal Reserve to raise interest rates next month, given junk-bond prices are hovering near four-year lows.
