Bunds Look to Strongly Correlate With U.S. Treasurys
Despite correlation between Bunds and Treasurys being high, relative to the past year, and relative to previous cycles, Morgan Stanley Research continues to believe Bunds are attractive to be long duration given the macro data and valuations.
Despite correlation between Bunds and Treasurys being high, relative to the past year, and relative to previous cycles, Morgan Stanley Research continues to believe Bunds are attractive to be long duration given the macro data and valuations.
