美银:欧洲债券投资者正后悔追高

格隆汇
Sep 11
美国银行指出,近几个月大量买入欧洲及英国政府债券的投资者,在债市遭遇大幅抛售后可能已经开始后悔这一决定。该行一项调查显示,尽管受访者对利率前景的看法转趋悲观,但自8月初以来,他们仍增加了对长久期债券的持仓并维持了这些头寸。随着能源价格飙升加剧通胀担忧,债券收益率急剧攀升;全球其他债券市场的抛售潮也进一步加剧了这一走势。包括Ralf Preusser在内的策略师在周五发布的一份报告中写道:“欧元和英镑债券的久期敞口与投资者观点之间的背离程度已创下历史新高。买方的后悔情绪十分明显。这有助于解释本周市场重新定价央行政策预期之际,英国国债和德国国债为何遭遇如此程度的抛售,尤其是在大多数投资者仍认为欧洲央行明年将不得不逆转政策的情况下。”

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