Morgan Stanley Cuts Hungary Local Bonds to Neutral After Rally
Source: BFW (Bloomberg First Word)
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Min Dai (Morgan Stanley)
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UUID: 7947283
(Bloomberg) -- Forint-denominated sovereign notes cut from overweight after outperforming EM peers in past two years, Morgan Stanley strategist Min Dai says in report to clients.
Alert: HALISTER1- More Hungarian rate cuts “almost fully priced in” while “the risk is inflation starts to surprise on the upside”
- Morgan Stanley recommends paying 5-yr forint IRS vs receiving 5-yr zloty IRS as Polish central bank may “turn more dovish”
Source: BFW (Bloomberg First Word)
People
Min Dai (Morgan Stanley)
To de-activate this alert, click here
UUID: 7947283