[Fed's "Strong Economy" Assessment Widely Questioned by Wall Street] BlockBeats reports that on October 29th, the Federal Reserve, as expected, kept interest rates at their current level on Thursday. In its latest policy statement, the central bank upgraded its assessment of the U.S. economic expansion from "solid" in September to "strong." The Fed noted that business investment remains robust and job growth is commensurate with the size of the labor market. Market participants have raised widespread questions about the Fed's optimistic economic forecast. With economic growth momentum weakening, some observers believe that even a slight weakening of economic fundamentals could shatter this "strong" outlook. How this strong performance will actually drive down price pressures remains unclear. Following Warsh's press conference, market bets on further rate hikes decreased due to his lack of clear commitment to future policy actions. Against this backdrop, the spread between the 2-year and 10-year Treasury yields, which had flattened in previous weeks, widened again, reaching a maximum of 34.1 basis points. The sharp sell-off in long-term bonds indicates that investors are grappling with a complex situation that extends beyond short-term monetary policy. Investors holding 10-year and 30-year U.S. Treasury bonds face greater exposure to inflation expectations and interest rate changes over a longer period. When uncertainty increases, they demand additional compensation to cover this duration risk, thereby pushing up yields and depressing bond prices.