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Goldman Sachs sees 10-year Treasury yields rising to 2% on “Phase One” trade deal

Goldman Sachs sees 10-year Treasury yields rising to 2% on “Phase One” trade deal

Says that there is little scope for the FOMC meeting this week to be a catalyst for movement in the rates market
Adding that while risks ahead are substantial, their base case remains for a trade agreement that includes a reduction in existing tariffs and avoids those due to take effect on 15 Dec.

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Date: December 9, 2019, 20:10