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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...
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G Sachs Chops US Treasury Yield Forecast, Expects 10-Yr Yield to Hit 4.2% by Yr-End
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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 NewsNon Farm Payrolls for Jun in United States is 147K, higher than the previous value of 139K. The forecast was 110K.
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.

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