Morgan Stanley: Bonds Set to Surge in 2016

Morgan Stanley, one of the Wall Street banks that deals with the Federal Reserve, cut its Treasury yield forecasts for 2016 and said the central bank will wait until December before raising interest rates. Benchmark 10-year yields fell from a six-week high. Silvercrest Asset Management's Patrick Chovanec speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

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