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分析师:30年期美债拍市遇冷 长端收益率集体攀升
Sou Hu Cai Jing·2025-08-08 08:17

Core Viewpoint - The demand for the recent 30-year U.S. Treasury auction was weak, leading to a rise in bond yields across the board, indicating a cooling in market demand for U.S. government debt [1] Group 1: Auction Results - The recent auction of $25 billion in 30-year bonds saw a high yield of 2.1 basis points above the pre-auction level, reflecting decreased demand [1] - The 10-year Treasury yield increased by 1 basis point to 4.256%, while the 30-year yield rose nearly 2 basis points to 4.830% [1] Group 2: Market Sentiment - Analysts noted that weak U.S. employment data has lowered yields but simultaneously suppressed market allocation demand [1] - The appointment of Stephen Miran, who has publicly criticized Federal Reserve Chairman Jerome Powell's policies, has added pressure to the bond market [1] Group 3: Derivatives Market - Tradeweb reported a surge in hedging demand in the derivatives market, indicating rising investor concerns about long-term interest rate risks [1]