Goldman Sachs: Expects the 10-year U.S. Treasury yield to drop to 4.6% by the end of 2027

Goldman Sachs Group strategists expect the 10-year U.S. Treasury yield to drop to 4.6% by the end of 2027, below current market expectations.

The strategists pointed out that U.S. Treasuries are currently undervalued, and the yields are attractive, but the recent rise in yields is causing market pressure.