UPDATE 1-Gundlach expects short-term rally in U.S. Treasuries on Fed -CNBC
March 15, 2017 at 13:39 PM EDT
NEW YORK, March 15 (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should "use the strength" in U.S. stocks to take profits and diversify in overseas markets.