Jeffrey Gundlach of DoubleLine has long been correctly bullish on Treasuries. And he reiterated his position that anyone predicting a bond market collapse is "dead wrong."

Among other things, he's convinced that the Federal Reserve will keep monetary policy easy for a very long time. 

"There's a better chance Bernanke buys every Treasury bond in existence before he ever sells a single one," quipped Gundlach.