The U.S. stock market only had a taste of the potential damage from higher bond yields, the company said.
A key dynamic holding down bond yields is poised to ease next year.
Money managers say there is a lack of new safe-haven assets as the world’s output expands.
You might put it as “what’s bad for General Motors is bad for the stock market.”
The Goldman Sachs chart raises questions about the success of central bank efforts to spark inflation.
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