美银Hartnett:抄底美债是2025年“最大逆向交易”

华尔街见闻
May 27, 2025

美国10年期国债的滚动回报率已经跌至负值,遭市场冷落的程度堪比2009年的美股和2018年的大宗商品,同期美债收益率甚至高于微软债券,这意味着市场认为微软的信用风险低于美国。美银Hartnett认为,美债收益率突破5%,已构筑起一个颇具吸引力的买入窗口,尽管这在当前市场情绪下可能是最不受欢迎的交易之一。在新一轮暴跌过后,美债是否迎来抄底良机?“华尔街最准分析师”之一的Michael ...

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