Jamie Dimon: Fed's Next Rate Cut May Be Smaller Than Market Expects

BlockBeats News, December 10th, Morgan Stanley Investment Management stated in its outlook report that the current yield of the 10-year US Treasury bond, approaching 4%, may be too low relative to the US economic outlook. The company believes that the 2026 economic growth is facing increasingly strong tailwinds.

“Stronger growth combined with stubborn inflation is likely to result in the Federal Reserve cutting interest rates by less than the current market pricing over the next 12 to 18 months.” Against this backdrop, Morgan Stanley Investment Management has taken an underweight stance on US bonds. (Golden Finance)