Tag
#Peter Boockvar
Economy
Goldman resets Fed cut call to December as yields climb
Goldman Sachs Fed cut forecast shifted to December as 4.595 per cent Treasury yields and sticky inflation pushed markets toward a higher-for-longer view.
By Helena Brandt
Markets
30-year Treasury yield tops 5.1% as inflation worries hit futures
The 30-year Treasury yield rose to just under 5.1 per cent on Friday, its highest in almost a year, sending Nasdaq and S&P 500 futures down more than 1 per cent as hot inflation data squeezed the Federal Reserve's room to ease.
By Helena Brandt
