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New Fed regime could shock investors, warns bond giant

With Donald Trump set to reveal, Apprentice-style, on Thursday who the new chair of the Federal Reserve will be, TCW's Bryan Whalen warns that a regime change at the central bank could catch out some investors. 

In an interview with our sister site Citywire USA, Whalen explains how there is a generation of investors raised on easy money from the Fed who might be in for shock as the central bank moves away from this policy. 

Whalen, who is a manager on the Met West Total Return Bond fund, among others, predicts volatility will break out of its stubborn lows before the year-end, with changes at the Fed a possible catalyst. 

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