According to online reports, Goldman Sachs economists pointed out in a report that their basic judgment on the U.S. economy still supports the core view that "short-term U.S. bond yields will fall and the yield curve will eventually become steep." However, if there is a lack of solid economic data to support the Federal Reserve's expectation of interest rate cuts, market pricing for interest rate cuts may continue to weaken in the short term. "If market confidence in the space to cut interest rates gradually fades while inflation remains high and economic data is not yet bad enough for the Federal Reserve to cut interest rates, then as government debt continues to accumulate, the term premium may face greater upward pressure, which in turn will push up yields."