加拿大皇家银行资本市场驻澳大利亚和新西兰首席经济学家王素林说,美联储的政治化在最近几个月愈演愈烈,加剧了美国较高的风险溢价,而预算赤字和债务不断上升、政府难以预测、投资者正在重新评估美元敞口,都加剧了这种溢价。尽管库克事态发展的条件反射性反应对国债的前端收益率略有正面影响,但如果在特朗普政府的胁迫下,美联储最终妥协,在通胀居高不下的背景下降息,这种情况将不会持续下去。
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