美国财政部完成40亿美元美债回购,一场低调的“收益率曲线控制(YCC)”?

华尔街见闻
Aug 22

一次旨在注入流动性的政府债务回购,却意外将一场关于“收益率曲线控制(YCC)”的辩论推向了风口浪尖。 当地时间本周三,美国财政部宣布完成了一笔40亿美元的政府债券回购,这是其历史上规模最大的回购操作之一。然而,此次操作吸引了高达290亿美元的债券卖出申报,是财政部最终购买量的七倍有余。 这一悬殊的供需比,被市场解读为流动性压力的明确信号。更值得注意的是,财政部此次流动性注入并未能有效压低收益率。...

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