Cut spending to curb runaway borrowing costs, Goldman's Gutman tells governments
8 Articles
8 Articles
Goldman Sachs International's Anthony Gutman calls for lower budget deficits and stronger sustainable growth, warning that soaring government bond yields are now a problem for all Western economies.
Western governments are facing increasing pressure from high borrowing costs, while political uncertainty is making decisions on public finances more difficult. Anthony Gutman of Goldman Sachs, speaking to CNBC, stressed the need for smaller budget deficits and more stable economic growth, noting the turmoil in the sovereign bond markets of […] The post Goldman Sachs: Borrowing costs are putting pressure on the West – “We need smaller deficits” …
With the global economy experiencing daily turmoil due to wars and geopolitical tensions, Anthony Goodman, co-CEO of Goldman Sachs, warns that the rise ... The article "Bell" from Goldman Sachs to governments on bonds and deficits was published in NewsIT.
Rising government bond yields pose a challenge across the Western world, highlighting the recent turmoil in US and French government bonds.
A more stable political and fiscal environment, including lower government spending and stronger economic growth, is necessary to contain the jump in borrowing costs, Anthony Gutman, co-CEO of Goldman Sachs International, said on Monday (5/10). In more detail, speaking to CNBC, Gatman said that the rise in government bond yields is a challenge across the western world, highlighting recent market turbulence in US government bonds and French gover…
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