Goldman Sachs report: Stocks may fall as bond yields rise

07/27/2014 | Taipei Times (Taiwan), The

Anticipated gains in inflation and bond yields could lead to a global sell-off in stocks over the next three months, according to Goldman Sachs Group. "Our expectation [is] that, as the [U.S. Federal Reserve] concludes bond purchases in October 2014 and the macro outlook strengthens, the market will become more hawkish relative to the timing, speed and size of the Fed tightening cycle," Goldman said in a strategy report.

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Taipei Times (Taiwan), The

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