Reported 6 months ago
Treasury yields are declining, with experts discussing the market state and potential Fed interest rate moves. Morgan Stanley's Michael Kushma and Truist's Chip Hughey believe recent positive economic data has reignited the 'soft landing' narrative, with predictions of rate cuts by the Fed. While Hughey foresees a rate cut in September, Kushma anticipates 100 basis points of cuts within a year. The experts also touch on the vulnerability of soft landing forecasts and advise on fixed income allocation in the current environment.
Source: YAHOO