机构：美国国债长端收益率料将不会跟随美联储降息而走低

Core Viewpoint - Nuveen predicts that long-term U.S. Treasury yields will not decline in line with the Federal Reserve's policy interest rates, expecting the 10-year Treasury yield to remain around current levels for the next two years [1] Group 1: Economic Outlook - The company highlights that the primary driver for a steepening yield curve is the fiscal backdrop, with ongoing high deficits expected to increase U.S. debt levels by approximately 20% of GDP over the next decade [1] - Nuveen indicates that the deteriorating fiscal environment alone could provide about 75 basis points of upward pressure on the 10-year Treasury yield, effectively offsetting any downward pressure from potential Fed rate cuts [1]