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Wednesday, April 17, 2024

Goldman says investors shouldn’t worry about interest rates at these levels

  • Bond yields have jumped in the past couple weeks, jolting investors.
  • Goldman Sachs says the higher rates are still short of levels that pose danger, though they do mark a shift in sector performance.
  • "Investors ask whether the level of rates is becoming a threat to equity valuations. Our answer is an emphatic 'no,'" said Goldman chief U.S. equity strategist David Kostin.

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