Walsh will reinforce his anti-inflation image, which may lead to a flatter yield curve in the short term.

According to Golden Ten Data, BlueBay Chief Investment Officer Mark Dowding stated in a report that investors have reason to believe that Federal Reserve Chair Waller will likely make hawkish remarks and do everything possible to strengthen his anti-inflation reputation, although he is unlikely to take any concrete action for now. This may cause the US yield curve to flatten further in the short term.