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Next Catalyst for Treasury Bonds Is Named Kevin Warsh [Yahoo! Finance Canada]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Kevin Warsh will face questions as President Donald Trump's pick to lead the Federal Reserve. Most Read from Bloomberg A brief reopening of the Strait of Hormuz and the promise of renewed US-Iran peace talks sparked a rally in Treasuries to end last week, with traders boosting their expectations for a Fed interest-rate cut by year-end. The US two-year yield, which had been trading above the central bank's current ceiling of 3.75% amid the war-related surge in oil, once again dipped backed below it as crude receded. The big move Friday was “justified because the rates market was still pricing in higher energy prices amid an above target inflation backdrop which would constrain the Fed,” said Priya Misra, portfolio manager at JPMorgan Asset Management, which has been adding inflation-sensitive longer-dated securities to portfolios. “If oil prices continue to fall, the market can start pricing in gradual Fed rate cuts.” Even as developments in the Middle East continue to set the Show less Read more
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