分析师:鲍威尔承认劳动力市场走软是美国国债的一个驱动因素
Sou Hu Cai Jing·2025-12-11 06:55

Core Viewpoint - The steepening of the U.S. Treasury yield curve highlights the impact of monetary policy measures, with long-term structural issues like inflation and fiscal deficits exerting ongoing pressure on the back end of the curve [1] Group 1: Monetary Policy Impact - Policy measures can significantly affect the front end of the yield curve [1] - The acknowledgment of a softening labor market by Federal Reserve Chairman Jerome Powell has led to increased buying in the bond market, reversing the initial decline in U.S. Treasury yields [1] Group 2: Future Expectations - Madison Investments anticipates a slowdown in further easing measures by the Federal Reserve [1] - The firm expects the central bank to remain inactive until the second quarter of 2026 [1]