Bearish directional view on G4 Rates – Goldman Sachs

FXStreet (Delhi) – Research Team at Goldman Sachs, maintains their bearish directional view over the next 12 months as they expect bond returns to remain unattractive.

Key Quotes

“Our nominal 10-year government bond yield forecasts for 2016 are above the forwards. Specifically, at the end of 2016, we forecast yields on 10-year US Treasuries at 3.0% (46bp above the forwards), on 10-year German Bunds at 0.80% (12bp above the forwards), on 10-year JBGs at 0.60% (17bp above the forwards) and on 10-year UK Gilts at 2.40% (20bp above the forwards).”