Yield Curve Strategies in Fixed Income Portfolios

Consider a fixed-income portfolio manager who believes that the yield curve will steepen in the near future. The manager currently holds a diversified portfolio of bonds with various maturities. Provide a detailed analysis of potential yield curve strategies that the manager can implement to capitalize on this forecast of a steepening yield curve. In your answer, discuss at least two specific strategies, explaining their mechanics and how they align with the manager's outlook on the yield curve.