分析师:鲍威尔承认劳动力市场走软是美国国债的一个驱动因素

环球市场播报
Dec 11

专题:美联储再降息25基点 3人反对 特朗普仍不满意 鲍威尔排除加息可能

  Madison Investments的固定收益部门负责人迈克·桑德斯(Mike Sanders)在一份报告中称,美国国债收益率曲线的持续陡峭化凸显了有关货币政策举措影响的一个要点。

  他说:“政策举措可以对收益率曲线前端产生重大影响,但包括高于目标的通胀和巨额财政赤字在内的长期结构性问题,将对后端构成持续压力。“他表示,美联储主席杰罗姆·鲍威尔(Jerome Powell)承认劳动力市场走软,这很快为债券市场带来了买盘,扭转了美国国债最初的跌势,并使收益率曲线变得更加陡峭。

  Madison预计,美联储此后的进一步宽松步伐将会放缓,并预计该央行将按兵不动直至2026年第二季度。

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