高盛警告:目前市场只是“不稳定的稳定”,信贷“蟑螂”比原油更可怕

华尔街见闻
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中东局势搅动大宗商品市场之际,信贷市场正悄然上演一场更值得警惕的分化行情。高盛信贷策略团队发出警告,当前市场表面平静之下暗流涌动,这种"稳态"本质上并不稳固。 与股市和大宗商品市场的波动相比,信贷市场过去三周显示出异乎寻常的韧性——股票仅从历史高点回落约5%,信贷利差扩大幅度也相当有限。 然而,高盛策略师Reid Zhou及其信贷策略团队认为,市场正从"冲击"定价阶段向"经济影响"定价阶段过渡,...

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