Comments via Goldman Sachs on what next year will bring:
- I don’t think the Fed is going to be fast to pivot
- but that’s going to be “the direction of travel” because we are seeing inflation falling and a slowing down in growth
- 2024 “is going to be the year of bonds”
- (bonds will be) performing well. You’ll also see a steepening of the yield curve because there’s a lot of borrowing that is going to take place
This article was written by Eamonn Sheridan at www.forexlive.com. Source