Morgan Stanley says a dreaded recession indicator is coming within the next year — here's its game plan to help investors get ready
A team of strategists at Morgan Stanley forecasts the yield curve will invert by mid-2019.
They see the Federal Reserve announcing plans to end its balance-sheet contraction sooner than investors expect, which should support Treasurys and push longer-dated bond yields below shorter-dated ones.
They recommended investors overweight Treasurys.
A yield curve inversion has preceded every recession since the 1960s, but many investors aren't worrying about this pattern yet.
A classic
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