Goldman Sachs Chief Strategist: The 5-year U.S. Treasury is the best trade, expecting the Fed to cut interest rates in September.

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[Chain News] PANews August 19 report, Goldman Sachs Global Banking and Markets Chief Strategist Josh Shifrin stated that with the Fed almost certain to cut interest rates in September, the five-year U.S. Treasury is his "favorite trade." He pointed out that the five-year government bonds, with current yields in the range of 3% to 4%, not only have high valuation attractiveness but also possess the characteristic of providing protection when risk markets weaken. As of August 19, the yield on five-year U.S. Treasuries is 3.85%, a significant decline from the beginning of the year, reflecting market expectations for easing policies. Shifrin expects the Fed to cut interest rates by 25 basis points at next month's meeting and may initiate an easing cycle that continues until 2026.

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DuskSurfervip
· 13h ago
Still believe this beep
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OnlyOnMainnetvip
· 14h ago
Tsk tsk, the pro is being a bit optimistic.
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BearMarketSurvivorvip
· 14h ago
The Fed is squeezing people again.
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StakeHouseDirectorvip
· 14h ago
Anyway, there’s nothing good to buy, let’s take a look at the bonds.
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CryptoComedianvip
· 14h ago
The wolf is coming again, and this time it actually brought a sheep.
View OriginalReply0
FreeRidervip
· 15h ago
Who buys for five years and loses for five years, don't be trapped!
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MEVHunterNoLossvip
· 15h ago
Having rice means you are the father, I'm waiting for 6 points.
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VibesOverChartsvip
· 15h ago
Now it's time to go all in and buy.
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