AllianceBernstein专家:美联储扩表影响短端美债,月购400亿国库券
Sou Hu Cai Jing·2025-12-11 12:59

Core Viewpoint - The impact of the Federal Reserve's balance sheet expansion on the U.S. Treasury yield curve is limited to the very short end [1] Group 1 - Experts from AllianceBernstein indicate that the effects of the Fed's balance sheet expansion are primarily felt in the short-term yields [1] - The analysis suggests that longer-term yields are less influenced by the Fed's actions, indicating a decoupling of short and long-term interest rates [1] - The findings highlight the importance of understanding the dynamics of the yield curve in relation to monetary policy changes [1]