凯雷集团：特朗普施压降息恐推高长期借贷成本

Core Viewpoint - The Trump administration's call for significant interest rate cuts by the Federal Reserve, combined with the anticipated increase in short-term debt issuance, may disrupt the U.S. Treasury market and ultimately raise long-term borrowing costs [1] Group 1 - Bondholders seek assurance that the Federal Reserve's role is to protect the real value of their principal [1] - If bondholders perceive that the Federal Reserve is more focused on government financing, it could lead to bond sell-offs and higher term premiums [1]