Goldman Sachs Analysts: Despite Disruption in US Data Releases, Economic Growth Pricing Remains Dominant Factor for US Treasury Trends

Deep News
10/20

Analysts at Goldman Sachs have stated in a recent report that although there is a disruption in the release of US economic data, pricing related to economic growth continues to be a key factor influencing the trends in US Treasuries. Analysts noted that, unlike the periods of volatility experienced earlier this year, US Treasuries have recently demonstrated their traditional hedge value: both in absolute performance and relative to other asset classes, US Treasuries are on an upward trajectory. They also mentioned that the current valuation of US Treasuries remains relatively high within its range. Additionally, the disruption in the release of economic data stems from the ongoing government shutdown in the United States.

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