Morgan Stanley’s Khanduja Cuts Long-Bond Bets on Bessent Buyback Move

Vishal Khanduja, a fixed-income investment manager at Morgan Stanley Investment Management, reduced bearish positions on long-term US bonds after Treasury Secretary Scott Bessent indicated he would take measures to prevent yields from rising. Khanduja cited Bessent's stated willingness to act to manage bond market conditions. The move reflects a shift in Khanduja's positioning on Treasury securities.

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