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From Goldman to BofA, Strategists Try to Call Peak Bond Yields
Key Points
Bonds From Goldman to BofA, Strategists Try to Call Peak Bond Yields Wall Street strategists are divided over whether US bond yields will come tumbling down by the end of the year or keep pushing up to new highs. Some, like Goldman Sachs Group Inc.’s William Marshall, are sticking by their bullish calls, wagering that worries about inflation and swelling government debt loads have run too far and could set the stage for a potential rally into the end of the year. Others, like Anshul Pradhan,...
Bonds
From Goldman to BofA, Strategists Try to Call Peak Bond Yields
Wall Street strategists are divided over whether US bond yields will come tumbling down by the end of the year or keep pushing up to new highs.
Some, like Goldman Sachs Group Inc.’s William Marshall, are sticking by their bullish calls, wagering that worries about inflation and swelling government debt loads have run too far and could set the stage for a potential rally into the end of the year. Others, like Anshul Pradhan, head of US rates research at Barclays Capital, say yields may keep climbing and stay there.