Goldman Sachs Strategist Favors Five-Year U.S. Treasury Amid Expected Fed Rate Cut

According to PANews, Goldman Sachs' Chief Strategist for Global Banking and Markets, Josh Shifrin, has expressed a preference for five-year U. S. Treasury bonds, anticipating a rate cut by the Federal Reserve in September. Shifrin highlighted that the five-year Treasury bonds, currently yielding between 3% and 4%, are not only attractively valued but also offer protection in weakening risk markets source: https://www.binance.com/en/square/post/28520866697554?utm_source=BinanceNewsRSS