🇺🇸 JPMorgan Says Treasury Curve Can Steepen on Miran Fed Pick - Bloomberg https://t.co/uXewzI8GkM https://t.co/S3p8T15xnQ
Yield curve could steepen more if Miran clears Senate, J.P. Morgan says @SeekingAlpha https://t.co/GxeIjQRsto
JPMorgan says the US Treasury curve could steepen further if Trump’s pick of Stephen Miran for Fed governor is confirmed. Miran has argued Trump’s trade, immigration, and deregulation policies are disinflationary, which could support a more dovish Fed and the recent widening in
JPMorgan Chase strategists say the U.S. Treasury yield curve, already at its widest level in four years, could steepen further if President Donald Trump’s nominee Stephen Miran wins Senate confirmation to the Federal Reserve Board of Governors. Miran has argued that Trump’s trade, immigration and deregulation initiatives are disinflationary, a view that could translate into a more dovish policy tilt at the Fed. JPMorgan’s team contends such a stance would add momentum to the recent widening in short- versus long-term Treasury yields.