市场分析：美联储独立性受质疑将致美债收益率曲线趋陡

Core Viewpoint - The report by Candriam's chief economist Florence Pisani and global bond head Philippe Dehoux indicates that if the independence of the Federal Reserve is questioned, the U.S. Treasury yield curve could steepen by 50 to 100 basis points [1] Group 1 - A loss of credibility for the Federal Reserve would lead to a decline in short-term yields, reflecting market expectations for a more significant reduction in key interest rates [1] - Conversely, long-term yields are expected to rise as investors demand higher term premiums to compensate for uncertainties regarding the consistency of monetary policy and the Fed's ability to control inflation [1]