SYDNEY: Goldman Sachs Group Inc and Pacific Investment Management Co say bonds are poised to fall and traders aren’t prepared for how far the Federal Reserve will raise interest rates.
“Ten-year yields are likely to go up,” Jan Hatzius, chief economist for Goldman Sachs, said at a conference in Sydney.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
