'Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs predicts that the US Treasury will drop below its cash minimum on June 8-9, according to Bloomberg News.
May 21, 2023 | 9:21 pm
News sentiment analysis
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NEGATIVE IMPACT
The US Treasury dropping below its cash minimum may lead to increased market volatility, potentially affecting the SPY ETF.
A drop in the US Treasury's cash minimum could lead to increased market uncertainty and volatility, which may negatively impact the SPY ETF in the short term.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 60
NEUTRAL IMPACT
Goldman Sachs' prediction of the US Treasury dropping below its cash minimum could impact investor sentiment.
Goldman Sachs' prediction could lead to increased market uncertainty and affect investor sentiment. However, the direct impact on GS stock price is uncertain in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80