mvliex 1 schreef op 10 december 2010 21:37:
Dec. 10, 2010, 3:27 p.m. EST
Morgan Stanley ups 10-year yield
WASHINGTON (MarketWatch) -- Morgan Stanley on Friday said it's raising its outlook for yields on 10-year Treasurys /quotes/comstock/20m!i:tnx (TNX 32.96, +0.73, +2.27%) to 3.25% from 3% for the end of 2010 and to 4% from 3.75% for year-end 2011. The recent rise in rates has been more about the economy than worries over the budget. "In our view, the rise primarily reflects the influence of the fiscal package on future economic growth; the 30 basis point rise in real rates since the package was announced, along with a further rally in risk assets and the dollar, suggests that's the case. But budget concerns could also be playing a role," the analysts said.