Selling U.S. Treasuries to buy gold is "not a wise move in the medium to long term"! Morgan Stanley's rates team: U.S. Treasuries will eventually "shine".
Recently, there has been a surge in the trend of "selling bonds to buy gold." However, Wall Street investment bank Morgan Stanley insists that U.S. Treasuries are a better long-term choice.
According to news from Chasewind Trading Desk, the bank stated in a research report released on