The slowdown in the US job market isn't over — and it may get worse. That's the warning from Goldman Sachs (GS) economists, who said hiring momentum has weakened more than previously thought.

The bank is preparing to move thousands of employees into its new, 2.5-million-square-foot Midtown headquarters.

Josh Schiffrin said his preferred asset is five-year Treasury bills, adding he expects an interest rate cut of 25 basis ...