美国债市单月表现料创一年来最佳 10年期国债收益率跌破4%

Core Viewpoint - The performance of U.S. Treasury bonds is expected to achieve its best monthly results in a year, as demand rebounds, indicating that investors still regard U.S. Treasuries as a preferred safe haven during turbulent times [1][2]. Group 1: Market Dynamics - Increased market warnings from various sectors, including the disruptive potential of artificial intelligence, geopolitical tensions, and concerns over private credit risks, have led traders to flock to the U.S. Treasury market [2]. - The 10-year U.S. Treasury yield fell by 0.25 percentage points in February, dropping below 4% for the first time since November [2]. - The Bloomberg U.S. Treasury Index returned 1.5%, while a long-term Treasury index rose by 4% [2]. Group 2: Investment Sentiment - The $30 trillion U.S. Treasury market remains a dominant safe-haven asset, despite rising skepticism regarding its defensive attributes amid policy turmoil during President Donald Trump's second term [2]. - James Athey, a portfolio manager at Marlborough Investment Management, emphasized that U.S. Treasuries will undoubtedly remain the preferred safe-haven trading asset due to the market's large scale and strong liquidity [2].