Business & Finance
Wall Street Strategists See Value in Duration After Bond Rout
Key Points
Wall Street Strategists See Value in Duration After Bond Rout After weeks of selling that pushed Treasury yields to multi-year highs, Wall Street strategists are starting to see value in bonds again. Strategists at Goldman Sachs Group Inc. say signs of stress in credit markets and easing technical risks suggest the 10-year Treasury note may be poised for a rebound. Citigroup Inc. favors shorter-term Treasuries, arguing that slowing inflation and weaker wage growth make the Federal Reserve...
Wall Street Strategists See Value in Duration After Bond Rout
After weeks of selling that pushed Treasury yields to multi-year highs, Wall Street strategists are starting to see value in bonds again.
Strategists at Goldman Sachs Group Inc. say signs of stress in credit markets and easing technical risks suggest the 10-year Treasury note may be poised for a rebound. Citigroup Inc. favors shorter-term Treasuries, arguing that slowing inflation and weaker wage growth make the Federal Reserve unlikely to raise rates as high as it did in 2023.