May
02

Goldman Sachs’s Solomon Says Negative Rates May Cause Volatility

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Goldman Sachs Group Inc.’s co-head of investment banking David Solomon said investors seeking better returns amid negative interest rates in parts of Europe and Asia could end up jarring international markets.

“This monetary policy has forced investors to reach for yield and extend duration,” Solomon said Monday at the Milken Institute Global Conference in Beverly Hills, California. “How people respond to negative rates could lead to volatility issues.”…

Goldman Sachs’s Solomon Says Negative Rates May Cause Volatility

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