Goldman Sachs says US Treasury yields (may) have further to fall

Author: Eamonn Sheridan | Category: News

GS say a further 20 and even 35bp to go if data is adverse and sentiment declines further. 

  • GS noting, or course, the coronavirus fears on market sentiment, prompting move to safety 
A couple of others:
  • Morgan Stanley say Asian investors are big UST buyers as the virus risk 'resonates more strongly' in Asia
  • TD Singapore cite the risk to supply chains if virus outbreak persists, to weigh on growth
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