TechFlow News - On March 23, according to Golden Ten Data, rate strategists Luca Salford and Maria Chiara Russo at Morgan Stanley stated in a report that the continuation of Middle East conflicts, limited observability of buffer zones, and central banks' preliminary analysis of stagflationary environments prompted them to adjust Morgan Stanley's central bank forecasts. Morgan Stanley currently expects the ECB to raise rates by 50 basis points each in June and September 2026, and to withdraw rate increase expectations for 2027. According to LSEG data, financial markets currently expect the ECB to raise rates three times this year. These strategists also predict that under their baseline ECB interest rate path scenario, the 10-year German government bond yield will be 2.80% at the end of 2026 and 2.70% in 2027.