Goldman Sachs bets on "stocks up, bonds bull": S&P 500 targets 8,700 points, 10-year Treasury yield to fall to 4.5%

Zhito Finance APP has learned that Goldman Sachs expects the S&P 500 Index to rise 13.7% over the next 12 months, and the 10-year U.S. Treasury yield to fall from the current 5% to 4.5%. The bank's 12-month target for the S&P 500 is 8,700 points, higher than the current 7,651 points. Goldman Sachs expects the index to be at 8,000 points in three months and 8,300 points in six months, implying gains of 4.6% and 8.5%, respectively.