Goldman Sachs cuts 10-year US Treasury yields forecast to 1.6% by end-2021 – Reuters
|Analysts at Goldman Sachs slashed its 2021 forecast for US Treasury yields, expecting the 10-year rates at 1.6% instead of a previous expectation of 1.9%, per Reuters.
Key quotes
“It had trimmed its forecast for German 10-year Bund yields to minus 0.15% from the previous 0% estimate.”
"Concerns currently weighing on yields should fade in the months ahead, allowing for some normalization in yields amid continued slack absorption, although it may take some time for markets to revisit our prior forecasts given the coming deceleration in growth and inflation."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.