路透调查：美国长债收益率年内料先稳后升，巨额发债或使美联储缩表“不可行”

Group 1 - The long-term U.S. Treasury yields are expected to remain stable in the short term but are projected to rise later in the year due to inflation and concerns over the independence of the Federal Reserve [1] - Nearly 60% of bond strategists believe that the massive issuance of government debt to finance Trump's tax cuts and spending plans will make it unfeasible for the Federal Reserve to significantly reduce its balance sheet by $6.6 trillion [1] - The Federal Reserve is anticipated to implement two rate cuts later this year, with the first expected in June when Walsh takes over as Fed Chair [1] Group 2 - The 2-year Treasury yield, sensitive to interest rates, is projected to decrease from the current 3.50% to 3.45% by the end of April and further to 3.38% by the end of July [1] - The median forecast indicates that the benchmark 10-year Treasury yield is expected to rise to 4.29% in one year, up from last month's prediction of 4.20% [1]