GOLDMAN: The US bond market is getting 'overrun'
Eloy Alonso/Reuters
The bond market is setting a multitude of records right now. Over $13 trillion in bonds have negative yields, US Treasury bonds have hit record lows, and US corporate bonds have sunk to lows not seen since Marilyn Monroe was starring in films.
Francesco Garzarelli, cohead of Goldman Sachs' market and macroeconomic research teams, put the issue very simply: The market is pricey.
"As readers familiar with our analytical approach know, a large part of the fluctuations... Читать дальше...