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…