Goldman estimates further decline in US yields
The investment bank now predicts that the rate on two-year bonds will fall to 3.45% (3.85% previously) and on 10-year bonds to 4.2% (4.5% previously).
Goldman Sachs has revised downward its estimate for the evolution of US sovereign bond yields, anticipating that the Fed will begin cutting interest rates sooner than expected.
Bloomberg reports that Goldman Sachs has reduced its projections for US Treasury yields due to the Fed's growing focus on interest rate cuts.
The investment bank now predicts that the rate on two-year bonds will fall to 3.45% (3.85% previously) and on 10-year bonds to 4.2% (4.5% previously).
jornaleconomico
