Morgan Stanley: Watch For Flattening Yield Curve With Rate IncreasesMark Melin
With the US Federal Reserve raising interest rates by 25 basis points on Wednesday, there was a degree of flattening yield curve even though the US Ten Year note broke important resistance near the 2.5% yield level. Morgan Stanley says that markets could see higher interest rates before the year is out, but it might be the short end of the yield curve that moves more on a relative basis.
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