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Goldman Sachs: 10-Year Treasury Yield Could Reach 3.6% in 2019

Sarah Sands
Goldman Sachs: 10-Year Treasury Yield Could Reach 3.6% in 2019

Recently, Goldman Sachs (GS) said that falling unemployment and the rising budget deficit could drive the Fed’s faster interest rate hike process. When there are more bonds and fewer buyers in the economy, the government will try to pay investors higher in the form of yields to buy US bonds (BND), which will ultimately increase the interest rates in the economy (SPY) (QQQ). The Fed hiked the interest rate for the sixth time since December 2015.