Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs says

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Two ‘insurance’ rate cuts from Fed in ’90s produced no big shocks to corporate bonds, Goldman Sachs says
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Investors are counting on the Federal Reserve to cut benchmark rates to keep the U.S. economy humming. But if the past holds true, corporate bonds are likely to see only a modest reaction if rates are lowered pre-emptively, Goldman Sachs said in a new report.

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