The Latest Rise in Interest Rates Suggests a Shift in Stock Performance, According to Goldman Sachs
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The Latest Rise in Interest Rates Suggests a Shift in Stock Performance, According to Goldman Sachs
Goldman Sachs has identified a notable difference in the recent rise in interest rates compared to previous movements earlier this year. The increase in Treasury yields, particularly the 10-year Treasury hitting its highest yield since 2007, has prompted Goldman Sachs to reassess which stocks are likely to outperform in this new environment. David Kostin, the chief U.S. equity strategist at Goldman Sachs, believes that the higher interest rates…
·Elkader, United States
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