📰 Rising yields flagged as key concern as Goldman Sachs bats for lower spending
Goldman Sachs co-CEO Anthony Gutman has called for lower government spending as countries across the Western world struggle with rising borrowing costs. The benchmark US 10-year Treasury yield has been trading near historic highs, with yields trading around 5.27%. Bond markets in countries like the United Kingdom, France, Japan and Australia are also under pressure, with yields going up consistently due to surging energy costs and rising debt. Gutman believes lower fiscal deficits could help countries fight inflation and keep borrowing costs in check. 'World awash in debt' Speaking to CNBC, Gutman said that the world was "awash in debt" and stressed fiscal prudence. "We all know what's driving it. We're focused on energy costs, we're focused on the labor…
Source : Invezz
Time : 2026-10-06 13:44:20
Credit : gaurav thakur
#government_bonds #bond_market
$ONE $NEAR $KEEP
Goldman Sachs co-CEO Anthony Gutman has called for lower government spending as countries across the Western world struggle with rising borrowing costs. The benchmark US 10-year Treasury yield has been trading near historic highs, with yields trading around 5.27%. Bond markets in countries like the United Kingdom, France, Japan and Australia are also under pressure, with yields going up consistently due to surging energy costs and rising debt. Gutman believes lower fiscal deficits could help countries fight inflation and keep borrowing costs in check. 'World awash in debt' Speaking to CNBC, Gutman said that the world was "awash in debt" and stressed fiscal prudence. "We all know what's driving it. We're focused on energy costs, we're focused on the labor…
Source : Invezz
Time : 2026-10-06 13:44:20
Credit : gaurav thakur
#government_bonds #bond_market
$ONE $NEAR $KEEP