高盛总裁认可卡普兰的观点：客户更关注的是10年期国债收益率

Core Viewpoint - The increase in U.S. Treasury borrowing is driving up interest rates, particularly at the longer end of the yield curve, which raises borrowing costs for the government and exacerbates the fiscal deficit [1] Group 1: Economic Impact - The rising borrowing costs are increasing the risk of a broader rise in lending costs across the economic system [1] - Despite these challenges, the U.S. economy is showing strong signs of resilience, which was somewhat unexpected [1] Group 2: Market Focus - Goldman Sachs' clients are more concerned with the 10-year Treasury yield than the federal funds rate [1] - The acknowledgment of the current economic resilience is significant, indicating a potential for continued economic strength [1]