JP Morgan: cuts 10-year Treasury yield forecast to 1.75% at year-end |▶️ Lisa Abramowicz

📌JPMorgan just cut its 10-year Treasury yield forecast to 1.75% at year-end, compared with 2.45% previously and 2.13% on Monday in Asian trading. 📌Projections are a contrast with JPMorgan Chief Executive Officer Jamie Dimon’s warning last month that yields were already “extraordinarily low” on a historical basis, and that 4% wouldn’t be a bad number.…

Goldman Sachs: US Q2 GDP Growth View To 1.1% From 1.3% On Expanding US Trade War |▶️ Reuters

📌Goldman Sachs Group Inc analysts on Sunday downgraded their second-quarter economic growth forecasts for the United States because of risks stemming from trade conflicts with Mexico and China. 📌GS analysts expanded, “Because of the downside risks to growth, we have sharply raised our subjective probabilities for Fed rate cuts. But while it is a close…