By Daily Crux Editor Justin Brill:

Morgan Stanley's chief fixed-income economist David Greenlaw expects yields on the benchmark 10-year U.S. Treasury notes to rise 40% to 5.5% or more next year. This could push interest rates on 30-year fixed mortgages to 8%, which would be the highest in 10 years.

Greenlaw suggests selling treasuries short - because bond prices fall as yields rise - but investors could also consider buying a fund that rises as bonds fall, like the UltraShort 20+ Year Treasury ETF (TBT).

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