Reported 7 days ago
In light of recent economic data, including cooling inflation and elevated unemployment, strategist Michael Kushma from Morgan Stanley Investment Management suggests that the Federal Reserve has the 'freedom' to implement another 50 basis point rate cut this year. He advises that with many cuts already anticipated in the market, significant price appreciation in bonds may be limited, keeping ten-year yields within a 3.5-4% range as investors assess potential recessionary risks.
Source: YAHOO