Aug
18
Morgan Stanley Frets Fed Hawks to Send Short Yields to 2011 High
ByTreasury two-year yields may rise to the highest level since 2011 if investors take Wednesday’s Federal Reserve minutes to indicate policy makers will raise interest rates in September, Morgan Stanley says.
Two-year notes have underperformed longer maturities this quarter as the FedMOVES
toward boosting the benchmark rate for the first time since June 2006. The central bank will publish the minutes from the July 28-29 Federal Open Market Committee gathering hours after the Labor Department releases consumer-price data for July…
Morgan Stanley Frets Fed Hawks to Send Short Yields to 2011 High
