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Bonds Making It Clear the Fed Needs to Hike, Morgan Stanley’s Hornbach Says

Key Points

Matt Hornbach, global head of macro strategy at Morgan Stanley, expects the Federal Reserve to deliver a 25 basis-point rate hike on Wednesday. He says, “it’s certainly a possibility that the Fed is one and done but that’s not what the markets are pricing in at the moment.”

Matt Hornbach, global head of macro strategy at Morgan Stanley, expects the Federal Reserve to deliver a 25 basis-point rate hike on Wednesday. He says, “it’s certainly a possibility that the Fed is one and done but that’s not what the markets are pricing in at the moment.” (Source: Bloomberg)
Morgan Stanley’s (ORG) Hornbach (PERSON) Matt Hornbach (PERSON) Morgan Stanley (ORG) the Federal Reserve (ORG) Fed (ORG)
Originally published by Bloomberg Markets Read original →