Trump pressure on Fed may steepen US yield curve, fund managers say
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最新报道：The U.S. Treasury yield curve is steepening as investors demand higher compensation for fiscal and political risks, driven by pressure from the Trump administration on the Federal Reserve. Long-term yields face upward pressure from persistent deficits and heavy bond issuance, while short-term yields reflect expectations of aggressive rate cuts. Fund managers see private credit as an attractive alternative, with opportunities in secondaries, infrastructure, and real estate.
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