Goldman Sachs Group Inc. has stated that global investors are exaggerating the risk of financial markets facing uncertainty due to a delayed result in the upcoming US presidential election. According to a note from Goldman’s Michael Cahill, Lexi Kanter, and Alec Phillips, market participants are overestimating the likelihood of a delayed outcome preventing financial markets … Read more
Bonds are declining globally as investors consider the possibility of slower US interest rate cuts, a trend that could disrupt debt positions across the board. Treasuries continued their losses, with the 10-year yield climbing back above 4.20% for the first time since July. The rate on equivalent German bonds also rose, reaching the highest level … Read more
A sell-off in Treasuries has strengthened the dollar and left equities mixed as new signs of economic strength have led traders to lower their expectations for US rate cuts. In Japan, shares rose with the help of a weaker yen, while equities in Australia and South Korea fell. US futures remained flat after the S&P … Read more