BlueBay Chief Investment Officer: Federal Reserve Chairman Kevin Walsh will make hawkish remarks

According to Mark Dowding, Chief Investment Officer of BlueBay, Federal Reserve Chairman Kevin Walsh tends to make hawkish statements to maintain his reputation for fighting inflation. In the short term, the US yield curve tends to flatten, but the deterioration of the US fiscal situation and President Trump's spending on the Middle East conflict have led to a steepening of the yield curve in the long term.