高盛：利率逆转和风险 - 剖析债券抛售和跨资产表现

6 January 2025 | 8:56PM GMT GOAL Kickstart Rate reversal and risk - dissecting the bond sell-off and cross-asset performance Since our last GOAL Kickstart global bonds have sold off, reversing the November rally, as markets priced fewer Fed cuts in 2025 following a hawkish December FOMC meeting. US 10-year yields have increased the most with yield curves steepening, indicating concerns on US fiscal and inflation risk - also the majority of the move has been in real yields rather than breakeven inflation (Ex ...