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Morgan Stanley Likes Investment Grade Credit, Says Valuations 'Rarely Cheaper'
Tuesday, February 9, 2016 - 2:34pm | 295In a new report, Morgan Stanley analyst Adam Richmond discussed the firm’s new bullish take on investment grade (IG) credit. According to Richmond, the potential for a U.S. recession has already been priced into many IG valuations, making them a compelling risk/reward opportunity for...