Warsh’s Fed plan means it’s time to read the bond market backwards, says Morgan Stanley chief—and it could be great news for borrowers and homeowners

Fortune

"If you can stabilize the volatility in the longer end by addressing the higher frequency of data in the shorter end ... it could be a really good thing," Morgan Stanley's Jim Caron tells Fortune. ...

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Warsh’s Fed plan means it’s time to read the bond market backwards, says Morgan Stanley chief—and it could be great news for borrowers and homeowners

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