【美债波动率或创2009年以来最大年度降幅】受美联储降息有效降低经济衰退风险的影响，衡量美国债券市场波动率的一项指标正趋向于金融危机以来最大的年度跌幅。ICE BofA MOVE指数（衡量债市预期波动率的指标）上周五已跌至约59，创2024年10月以来的最低水平。该指数从2024年底的99...

Core Insights - The volatility of U.S. Treasury bonds is expected to experience its largest annual decline since 2009, influenced by the Federal Reserve's interest rate cuts that have effectively reduced the risk of economic recession [1] Group 1: Market Indicators - The ICE BofA MOVE Index, which measures expected volatility in the bond market, has fallen to approximately 59, marking the lowest level since October 2024 [1] - The index has decreased significantly from around 99 at the end of 2024, indicating a potential record annual decline since data collection began in 1988, second only to the sharp drop in 2009 [1]