Junk Sales Halt as Morgan Stanley Recommends Hedge

Junk Sales Halt as Morgan Stanley Recommends Hedge

Tomohiro Ohsumi/Bloomberg

Pedestrians ride on an escalator in front of the Jin Mao Tower in the Lujiazui district of Shanghai. Growth in China has held below 8 percent for the past four quarters, the first time that has happened in at least 20 years.