According to Jinshi, Anne, managing director of the investment solutions department of MFS Investment Management, said in a report that the eurozone has more reasons to implement long-term government bonds than the United States. This is because the European Central Bank is more likely to cut interest rates than the Federal Reserve. For the United States, there is some uncertainty in the short term about the Fed's policy outlook and the speed of the anti-inflation process, which reduces the interest of short-term investors in fixed income products. From the perspective of monetary policy, the macro environment is more favorable for European fixed income.