News

Goldman Sachs raises US 10-year Treasury forecast to 3.25

Goldman Sachs is on the wires and has raised their forecast for 10-year Treasury notes to 3.25% by the end of 2018.

Key highlights:

  • Up from the previous forecast of 3%.
  • Citing strong global growth.
  • Anticipating quarterly rate increases from Fed.
  • Also see German Bunds up to 1.0%, UK Gilts at 2%, and JGBs at 0.1% by 2018 year-end.
  • Expect a lower US Dollar over the year.

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