Goldman Sachs (NYSE:GS) Stock Falls 2.15% to $562.15 on September 10: Rate Uncertainty Freezes Dealmaking

Goldman Sachs fell 2.15% to $562.15 on September 10 as 4.95% Treasury yields compressed the deal pipeline the investment bank depends on for its highest-margin fees. Unlike commercial lenders, Goldman's revenue falls when rates make transactions economically unattractive to the counterparties it needs.