Morning Note | September 20, 2023 | Western Funds And Morgan Stanley Boosts Distributions
Summary
UK inflation release better than expected, leading to market gains.
Canada's CPI hotter than expected, causing treasuries/interest rates to hit 16-year highs.
Fed expected to pause hiking cycle, watching energy prices and potential impact on Core CPI.
Western Asset raised distributions for WEA and SBI. Morgan Stanley raised for MSD and EDD.
PIMCO UN…
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