Goldman Sachs Sees U.S. Treasury Yields Settling Into 4.75%-5% Range as Global Bond Markets Stabilize - BigGo Finance

After weeks of sharp swings, the global government bond market may be moving toward a new equilibrium. In a research report published last Friday, Goldman Sachs concluded that as energy prices retreat and risk asset volatility subsides, government bond yields in major markets—the United States, the euro area, the United Kingdom and Japan—could shift from large one-way moves to a range-bound pattern, with the U.S. 10-Year Treasury Yield potentially establishing a trading range of 4.75% to 5%. The report's release came at a moment when market sentiment was catching a brief respite from extreme tension.