Goldman Says Drop in Funding Spread Signals Brisk Equity Selling

(Bloomberg) -- This year’s sharp decline in funding spread suggests that institutional investors’ positioning in equities is shifting as markets rethink the Federal Reserve’s interest-rate path, according to strategists at Goldman Sachs Group Inc.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe funding spread — a measure of

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