Morgan Stanley: "To Make Up For A 10% Drop In The S&P, Treasury Yields Would Need To Go… Negative"
July 17, 2016 at 19:58 PM EDT
Morgan Stanley disagrees that one should buy both stocks and bonds and writes "over the last 17 years, 10yr government debt in the US, Germany, the UK and Japan has produced a better return than the local equity market, with lower volatility."
