美德10年期国债收益率差近期收窄

Core Insights - The yield spread between 10-year U.S. Treasuries and German bonds has recently narrowed, indicating changing market dynamics [1] - The yield curves for both U.S. and German bonds from 2-year to 10-year have steepened, reflecting differing economic outlooks [1] Group 1: U.S. Market Dynamics - The steepening of the yield curve in the U.S. is largely driven by market expectations of Federal Reserve interest rate cuts [1] Group 2: German Market Dynamics - In Germany, the yield curve has steepened significantly due to increasing confidence in the economic outlook after years of stagnation [1]