News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
G Sachs Chops US Treasury Yield Forecast, Expects 10-Yr Yield to Hit 4.2% by Yr-End
Seeing that the Fed is more likely to cut interest rates earlier than previously anticipated, Goldman Sachs has lowered its US Treasury yield forecasts.The year-end forecast for th...
Reset
Send
The window will close in 5 seconds
G Sachs Chops US Treasury Yield Forecast, Expects 10-Yr Yield to Hit 4.2% by Yr-End
Close
Recommend
11
Positive
4
Negative
15
 
SHORT SELL
 
STOCK INFO

Seeing that the Fed is more likely to cut interest rates earlier than previously anticipated, Goldman Sachs has lowered its US Treasury yield forecasts.

The year-end forecast for the 2-year Treasury yield has now been revised down from 3.85% to 3.45%, while the 10-year Treasury yield forecast has been cut from 4.5% to 4.2%.

Related NewsISM Manufacturing PMI for Jun in United States is 49.0, higher than the previous value of 48.5. The forecast was 48.8.
Goldman Sachs currently expects the Fed to cut rates in September, October, and December, compared to its previous forecast of just one rate cut at the end of the year.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.