Morgan Stanley Vindicated on Treasuries as Fed Rate Odds DeclineBy and
U.S. bank recommended five-year notes on view Fed to hold fire
Yield declines most since July this week as data fall short
Morgan Stanley’s bet on five-year Treasuries paid off as the notes head for their best weekly performance since July amid receding odds of a Federal Reserve interest-rate increase this month.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.