# DoubleLine’s Sherman Stays Bearish on Long-Term Treasuries

> DoubleLine’s Jeff Sherman remains bearish on long-term Treasuries amid heavy government borrowing and weakening demand.
- Title: DoubleLine’s Sherman Stays Bearish on Long-Term Treasuries
- Summary: DoubleLine’s Jeff Sherman remains bearish on long-term Treasuries amid heavy government borrowing and weakening demand. DoubleLine Capital’s Jeff Sherman…
- Keywords: doubleline, jeff sherman, treasuries, government borrowing, weakening demand, long-term debt, news, india, Sherman, Stays, Bearish, Long-Term
- Source: mint — https://livemint.com/market/doublelines-sherman-stays-bearish-on-long-term-treasuries-11792699995666.html
- Published: 2026-10-22T20:13:15+00:00
- Read time: 1 min
- Topics: doubleline, jeff sherman, treasuries, government borrowing, weakening demand, long-term debt, news, india
## Sherman’s Bearish Stance
DoubleLine Capital’s Jeff Sherman remains bearish on long-term Treasuries, arguing heavy government borrowing and weakening demand will pressure the market.

> We continue to be significantly underweight in most portfolios, if not short the back end of the curve, because ultimately the pressures will materialize.
## Treasuries Rally Amid AI Concerns
Treasuries rallied Thursday as haven demand returned amid concerns about the artificial-intelligence trade and turmoil in the French market.
## Sherman Criticizes Bessent
Sherman criticized Treasury Secretary Scott Bessent’s efforts to talk down yields, saying he uses aggressive words like 'I am the house, I have information you don’t.'

> He is using these very aggressive words, like 'I am the house, I have information you don’t,'
## Credit Market Shifts
Sherman started to 'nibble' at tech debt after Meta Platforms and CoreWeave Inc. saw record credit risk and bond declines.

> We started to nibble in the hyperscalers and neoclouds a little bit.
## Key takeaway

DoubleLine Capital’s Jeff Sherman says heavy government borrowing and weakening demand will keep pressuring long-term Treasuries.