高盛总裁约翰·沃德朗：债券市场正确地转为关注美国财政问题。最大的风险是长期利率，而不是关税。

Core Viewpoint - The bond market has correctly shifted its focus to U.S. fiscal issues, with long-term interest rates posing the greatest risk rather than tariffs [1] Group 1 - The primary concern in the current market environment is the long-term interest rates, which are seen as a significant risk factor [1] - The shift in focus from tariffs to fiscal issues indicates a broader concern regarding the sustainability of U.S. fiscal policy [1]