高盛:日债崩盘推动了美债大跌

华尔街见闻
25 May

本周全球债市最引人注目的并非美债飙升,而是日本国债市场的剧烈震荡。高盛最新研报揭示,日本长期国债收益率的“崩盘式”上涨,竟是导致美债大跌的幕后推手。24日,据追风交易台消息,高盛认为,日本长期国债收益率飙升的核心原因在于供需严重失衡。寿险公司因久期缺口扩大而需求锐减,加上政府财政担忧加剧以及资产密集型再保险交易引发的抛售,共同构筑了长期国债市场的抛压。这些因素导致日本国债市场买家稀少,流动性极差,...

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