【美债收益率“狂飙”背后:市场开始质疑美联储信誉】意图精简沟通的美联储,却意外引发了一次沟通“事故”。当美联储在7月议息会议上“按兵不动”并试图压缩与市场的沟通窗口时,债券投资者以一轮猛烈抛售作出回应——近日,30年期美债收益率飙升至5.27%,创下2007年以来新高;10年期美债收益率站上4.7%,刷新年内峰值。在这轮美债市场动荡背后,真正受到冲击的,或许并非单纯的利率水平,而是美联储多年建立起来的政策信誉——市场不再无条件相信美联储能“驯服”通胀,投资者已开始为长期通胀与政策风险给出更高定价。
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