Search
Article
Markets
Apr 07, 2025

DoubleLine’s Take on the Reciprocal Tariffs

DoubleLine Global Bond Portfolio Manager Bill Campbell shares DoubleLine’s outlook for risk markets, the U.S. Treasury curve, inflation, growth and Federal Reserve policy in light of Washington’s reciprocal tariffs and reactions of U.S. trade partners. Looming large on the global and U.S. macroeconomic horizons is time: The longer the announced tariffs remain in force, the more recessionary behaviors could become entrenched, such as consumption pullbacks, deferred business capital expenditure and employer layoffs.

ABOUT THE AUTHOR

ABOUT THE AUTHOR

  • William Campbell

    Portfolio Manager
    International Fixed Income - Int. Sovereign

    William Campbell

    Portfolio Manager
    International Fixed Income - Int. Sovereign

    Mr. Campbell joined DoubleLine in 2013. He is a Portfolio Manager for the DoubleLine Global Bond Strategy and is a permanent member of the Fixed Income Asset Allocation Committee. He covers Developed Markets, Central & Eastern Europe, Middle East and Africa (CEEMEA), and China. Prior to DoubleLine, Mr. Campbell worked for Peridiem Global Investors as a Global Fixed Income Research Analyst and Portfolio Manager. Previous to that, he was with Nuveen Investment Management Company, first as a Quantitative Analyst in their Risk Management and Portfolio Construction Group, then as a Vice President in their Taxable Fixed Income Group. Mr. Campbell also worked at John Hancock Financial as an Investment Analyst. He holds a BS in Business Economics and International Business, as well as a BA in English, from Pennsylvania State University. Mr. Campbell holds an MA in Mathematics, with a focus on Mathematical Finance, from Boston University.