🔴 Goldman Sachs is trading 3.14% down today as Treasury yields hit 5.02%

Goldman Sachs is trading 3.14% down at $957.41 as higher Treasury yields and rate-hike expectations pressure financial stocks.

• The 10-year Treasury yield reached 5.02% as investors prepared for the Federal Reserve’s September 15–16 policy meeting and an expected 25-basis-point hike.
• Inflation concerns and valuation-related profit-taking followed its recent advance.
• No clear company-specific announcement explains the September 15 decline; the move appears global and macro-driven, amid falling major indexes, rising energy costs, and tighter-policy expectations.