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Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs says

Joy Wiltermuth
Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs says

Investors are counting on the Federal Reserve to cut benchmark rates to keep the U.S. economy humming. But if the past holds true, corporate bonds are likely to see only a modest reaction if rates are lowered pre-emptively, Goldman Sachs said in a new report.