Core Viewpoint - Despite recent market volatility easing, investors remain concerned about the safe-haven status of U.S. Treasuries, particularly regarding the direction of U.S. fiscal policy [1] Group 1: Investor Concerns - Investors are anxious about the potential for rising bond term premiums, which could lead to a steeper yield curve and increased worries about Treasury auction outcomes [1] - There is a possibility of credit rating downgrades for U.S. Treasuries, adding to investor unease [1] Group 2: Yield Curve Expectations - The yield curve for U.S. Treasuries is expected to steepen further, indicating an increase in the difference between short-term and long-term bond yields [1] - The U.S. Treasury may implement measures to lower financing costs, suggesting a greater reliance on Treasury supply in the coming years [1] Group 3: Treasury Auction and Supply - There is a potential for a reduction in the scale of long-term Treasury auctions, reflecting the changing dynamics in the market [1]

智通财经4月9日电，美债收益率曲线变陡，30年期收益率上涨5个基点至4.81%。 ...

关键美债收益率曲线创自2022年最陡峭水平，长端供应令市场承压 金十数据4月9日讯，美国国债收益率曲线周二创下自2022年2月以来的最陡峭水平，因为较长期限的国 债收益率因供应担忧而跳升，一些国债持有者也被认为可能因近期的市场波动而被迫抛售。贸易战愈演 愈烈，也引发了对经济增长放缓的担忧，这使得较短期债券收益率日内走低。两年期和10年期国债收益 率之间的曲线大幅陡峭化，达到57个基点，因这两个期限的国债收益率在大幅震荡中走势相反。Action Economics的董事总经理Kim Rupert说："明天将进行10年期国债标售，因此我认为这给市场带来一些压 力"。 ...