GOLDMAN: STOCKS NEED BOND YIELDS TO FALL Goldman Sachs says the clearest path to further equity gains is relief in Treasury yields, with the U.S. 10-year reaching 5.25%, its highest since 2007. Stocks have remained resilient, led by large-cap and AI-related names, but market breadth is weak. Rate-sensitive sectors—including homebuilders, real estate, utilities and small caps—have suffered most. Goldman remains overweight equities over a 12-month horizon.(彭博社)