Morgan Stanley's Caron Interview on Treasury Forecast

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Aug. 20 (Bloomberg) -- James Caron, head of U.S. interest-rate strategy at Morgan Stanley, talks about U.S. Treasury yields and investment strategy. Morgan Stanley, the most bearish among the 18 primary dealers that trade government securities with the Federal Reserve, acknowledged today that its forecast that Treasury yields would rise this year was misguided. Caron speaks with Tom Keene on Bloomberg Radio. (This is an excerpt. Source: Bloomberg)

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