These stocks win when interest rates rise, according to Goldman

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

These stocks can post strong gains if higher interest rates continue to push the benchmark 10-year Treasury yield higher, according to Goldman Sachs.

Interest rates are on a tear this week, sending stocks toward their biggest weekly loss since March. But some names could stay above the fray because of their historical track record of winning when yields climb. The benchmark 10-year Treasury yield reached its highest level in sixteen years this week, boosted by the Federal Reserve's plan to keep rates higher for longer, as well as continued signs of strength in the jobs market.

CRM YTD mountain Salesforce stock. Airplane giant Boeing , meanwhile, has ticked up roughly 5% from the start of 2023. The company said in August that a flaw with fastener holes in its 737 Max will slow down deliveries . The company reported mixed quarterly results in July with an earnings miss and a revenue beat . Shares have lost nearly 9% from Monday. BA YTD mountain Boeing stock. In the materials basket, fertilizer producer Mosaic stock has slipped more than 15% from the start of the year.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Goldman Sachs in talks to sell GreenSky to investment group at steep loss: reportGoldman acquired GreenSky, the consumer lending company, last year in an all-stock deal worth $1.73 billion.
Fonte: nypost - 🏆 91. / 67 Consulte Mais informação »

Stock Market Today: Dow slumps as rising Treasury yields rattle markets By Investing.comStock Market Today: Dow slumps as rising Treasury yields rattle markets
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »