Goldman Sachs cuts forecast for 10-year yields
Sees US Treasuries at 3.10% vs 3.25% in Feb
German bunds 0.50% vs 1.00%
UK 10s 1.45% vs 2.00%
Those all still represent rates moving higher in the next four months, but not as aggressively as earlier in the year.
Bond bears have been wrong forever.
h/t @reutersjamie
