Live Updates > Live Update Details
2025-07-31 13:58:26
[Natixis: The U.S. Treasury yield curve is expected to steepen in the medium term] Natixis strategists Christopher Hodge and John Briggs said in a report that the bank still expects the U.S. Treasury yield curve to steepen in the medium term. "From an interest rate perspective, this meeting did not bring much new information to change our overall view in the medium term." It is expected that the steepening of the yield curve will be mainly driven by short-term interest rates falling faster than long-term interest rates, and this process will be more concentrated later this year. This forecast is based on market expectations: the Federal Reserve will start cutting interest rates in October and lower the policy rate to a range of 2.75%-3.00% by June 2026. In addition to the upcoming non-farm payroll report and CPI data, the minutes of this meeting are also particularly important. They will be released on August 20, just before the Jackson Hole Global Central Bank Annual Meeting.
