We expect the Fed to hike its target range by 25bp at its March meeting with a hawkish bias in its projections. While too early to call for 4 hikes this year, the FOMC moves decisively in that direction. Our strategists suggest maintaining UST 2s30s curve flatteners.
20180315-Morgan Stanley-FOMC Preview:A Hike and Hawkish Bias.pdf
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