美债波动率创“解放日”以来最大 市场忧心美国财政且对非农感到不安

Group 1 - The U.S. government faces uncertainty regarding its fiscal situation, leading to increased volatility in the U.S. Treasury market [1] - The implied volatility of U.S. Treasury bonds surged by 12.12 points over the past three days, marking the largest consecutive increase since April 2 [1] - Concerns about the non-farm payroll data on Friday may impact the Federal Reserve's interest rate cut expectations, with market participants closely monitoring the report [1] Group 2 - The Trump administration's spending and tax cut plans are expected to worsen the U.S. fiscal situation unless tariff revenues are sustained [1] - There is growing market anxiety due to Trump's attempts to exert greater control over the Federal Reserve, including efforts to dismiss board member Lisa Cook [1] - These concerns are reflected more in interest rates, gold futures, and stocks than in currency markets, according to JPMorgan strategists [1]