2024: “The Year of Bonds” (thats the view according to Goldman Sachs)

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