These cheap stocks do well under low or high rates, Morgan Stanley says

Published Wed, Mar 3 202112:16 PM ESTUpdated Wed, Mar 3 202112:59 PM EST

Trader passes by a screen that displays trading information for United Technologies and Raytheon on the floor of the New York Stock Exchange (NYSE) in New York City

Volatility in the bond market is mirroring the equity market right now, so it could be beneficial if investors pick stocks that perform well in a high- and low-rate environment, according to Morgan Stanley.

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