美债投资者押注美联储抗通胀将成功 持有短端债券成为热门交易

智通财经
10 hours ago
【美债投资者押注美联储抗通胀将成功 持有短端债券成为热门交易】美国国债投资者正将注意力转向持有短期债券,押注美联储最终将在抗通胀中取得胜利。在美联储自2023年以来首次加息后的几天里,2年期国债收益率飙升至多年来高点约4.75%。期货市场预期未来一年货币政策将再收紧80个基点,这表明美联储主席凯文·沃什誓言全力抗通胀的承诺逐渐获得交易员认可。看涨的投资者相信,遭受重创的2年期国债价格已经反映了这些预期,如果通胀改善或美联储加息幅度低于预期,国债价格可能会作出反应。美联储会议结束后第二天,此类押注就已大量涌现,对于那些会受益于担保隔夜融资利率下降的期权需求旺盛,该利率与政策预期密切相关。

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