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How Morgan Stanley sank to junk pricing

The week ahead should see Nifty deciding the short term trend and trying to find support at its swing bottom of 4788 and recovering or heading lower to test the 2011 lows of 4550.

Inside an IKEA store in Stockholm, Sweden
Inside an IKEA store in Stockholm, Sweden
The bond markets are treating Morgan Stanley like a junk-rated company, and the investment bank's higher borrowing costs could already be putting it at a disadvantage even before an expected ratings downgrade this month.
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