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数据“堰塞湖”即将泄洪!美联储降息路径迎大考,债市屏息以待
Jin Shi Shu Ju· 2025-11-17 09:49
债券交易员正严阵以待,准备迎接即将到来的数据洪流,这些数据将明确市场对于美联储将以多快速度 继续降息的预期,而正是这种降息预期,推动美国国债创下了自2020年以来的最大涨幅。 美国政府停摆的结束意味着,各机构将开始发布自10月初以来被推迟的关键报告,其中包括将于本周四 公布的9月非农就业报告。 在停摆期间,官方数据的缺失使得外界难以判断经济走向。不过,来自私营数据源(如薪资处理公司 ADP)的数据持续凸显了就业市场的疲软,正是这种疲软促使美联储在9月和10月的会议上降低了基准 利率,结束了长达九个月的暂停期。 但风险在于,政府公布的数据可能会出人意料地向好,显示企业新增就业的速度超过预期。此外,数据 也可能因停摆而变得不完整或失真。 由于政策制定者仍对高企的通胀保持警惕,这可能导致他们在12月10日的会议上维持利率不变,或打压 市场对2026年的降息预期。 "随着经济数据开始陆续公布,劳动力市场有可能展现出更强的稳定性,"摩根大通投资管理的投资组合 经理Priya Misra表示。"那么市场可能会进一步降低对12月降息的押注,波动性也可能随之上升。" 但美联储主席鲍威尔已表示,央行近期的举措主要是预防性措施, ...
大摩:10年期美债收益率预计在2026上半年走低,美联储可能实施50个基点的降息
Sou Hu Cai Jing· 2025-11-17 07:33
Core Viewpoint - Morgan Stanley strategists predict a rebound in U.S. Treasury bonds in the first half of 2026, with the Federal Reserve potentially implementing a 50 basis point rate cut [1] Group 1 - The 10-year U.S. Treasury yield is expected to decline to 3.75% by mid-next year, before rising to 4.05% in the fourth quarter [1] - For the entire year, the 10-year Treasury yield is anticipated to remain within a fluctuating range [1]
王召金:11.16下周一黄金行情走势分析及操作建议
Sou Hu Cai Jing· 2025-11-16 00:38
日线图上,黄金价格已形成标准的"空头排列"形态,价格持续运行在5日、10日、20日、60日均线下 方,各均线依次向下发散,对价格形成层层压制。KDJ指标虽处于超卖区间,但尚未出现明显的金叉反 转信号,且J线仍在向下延伸,表明短期下跌动能尚未完全释放。布林带呈现开口向下的扩张态势,价 格沿下轨持续下行,下轨支撑位同步下移至4030附近,上轨压力则位于4150一线,布林带的扩张形态进 一步确认了短期趋势的弱势。此外,日线级别上,前期低点4000一线作为重要心理关口与技术支撑位, 其有效性将成为下周走势的关键看点。 黄金行情分析: 近期黄金价格持续承压下行,核心逻辑在于市场对美联储12月降息的预期显著降温。此前,通胀数据的 阶段性回落与经济增长的温和放缓,让市场普遍押注美联储将启动宽松周期以支撑经济,但最新公布的 美国非农就业数据超预期强劲、核心PCE物价指数仍维持在2%以上的目标区间上方,叠加美联储官员 密集释放"维持高利率以巩固通胀降温成果"的鹰派言论,彻底扭转了市场的宽松预期。降息预期的消退 直接推升美元指数与美国国债收益率走强,而黄金作为无息资产,其吸引力大幅削弱。与此同时,短期 期货交易员在价格持续下挫过 ...
金银铂:获利了结,黄金从盘中高点回落!
Sou Hu Cai Jing· 2025-11-14 05:26
Group 1: Gold Market - Gold prices are attempting to close above $4240 [1] - The market is reacting to rising US Treasury yields, leading to profit-taking after a strong rebound [4] - The relative strength index remains at a moderate level, indicating potential for additional upward momentum in the short term [4] Group 2: Silver Market - The gold-silver ratio has risen above 79.00, causing silver prices to retreat to the $53.00 level [1][7] - Technically, silver needs to stay above the resistance level of $52.60-$52.80 to gain additional upward momentum in the short term [7] Group 3: Platinum Market - Platinum attempted to break through the resistance level of $1620-$1630 but lost momentum and retreated [9] - Platinum remains within the range between support at $1520-$1530 and resistance at $1620-$1630 [9]
美国国债收益率企稳 市场关注积压数据 ADP报告显裁员
Sou Hu Cai Jing· 2025-11-13 14:15
本文由 AI 算法生成,仅作参考,不涉投资建议,使用风险自担 【11月13日欧洲上午中段交易时段,美国国债收益率趋稳】此时美国政府即将重新开放,但谨慎情绪蔓 延。金融市场策略师Eric Chia称,市场仍保持谨慎,关注点转向待发布的积压数据,这些数据或显示劳 动力市场和整体需求疲软。 这种不安情绪源于本周疲软的ADP报告,该报告显示截至十月下旬四周 内,美国私营部门平均每周裁员11,250个。 ...
美国10年期国债收益率涨1.55个基点,报4.1121%
Mei Ri Jing Ji Xin Wen· 2025-11-10 21:39
Core Viewpoint - The U.S. Treasury yields experienced an increase on November 10, with the 10-year yield rising to 4.1121% [1] Summary by Category Treasury Yields - The 10-year U.S. Treasury yield rose by 1.55 basis points, reaching 4.1121% [1] - The 2-year Treasury yield increased by 2.92 basis points, now at 3.5908% [1] - The 30-year Treasury yield saw a slight rise of 0.29 basis points, standing at 4.7015% [1]
美国10年期国债收益率涨0.57个基点,报4.0889%
Mei Ri Jing Ji Xin Wen· 2025-11-07 22:37
Core Viewpoint - The U.S. 10-year Treasury yield increased by 0.57 basis points to 4.0889% at the end of trading on November 7, with a total weekly rise of 1.14 basis points [1] Summary by Relevant Categories Treasury Yields - The 10-year Treasury yield rose to 4.0889%, marking a weekly increase of 1.14 basis points [1] - The 2-year Treasury yield remained unchanged at 3.5554%, with a total weekly decline of 2.03 basis points [1]
美国10年期国债收益率短线走低,在美国消费者信心创逾三年新低之际回落至4.0850%下方,完全回吐日内稍早涨幅。两年期美债收益
Sou Hu Cai Jing· 2025-11-07 15:28
Group 1 - The yield on the 10-year U.S. Treasury bond has decreased to below 4.0850%, fully reversing earlier gains as U.S. consumer confidence hits a three-year low [1] - The yield on the 2-year U.S. Treasury bond has fallen below 3.55% [1] - The yield on the 10-year TIPS has retreated to below 1.8150%, while the 2-year TIPS yield remains temporarily above 1.02% [1] Group 2 - The Bloomberg Dollar Index has reached a new daily low [1] - The S&P 500 index has narrowed its decline to 0.54%, while the Nasdaq Composite index initially dropped by 1.53% but has since reduced its loss to less than 1% [1] - Spot gold remains steady above $3990, with an intraday gain of nearly 0.4% [1] - Bitcoin has turned positive, returning above $101,000 [1]
金银铂:尽管美国国债收益率下降,但黄金从日高回落
Sou Hu Cai Jing· 2025-11-07 04:05
Group 1: Gold Market - Gold prices are hovering around the resistance level of $3990-$4000, with attempts to break through this level [1][4] - A successful breakthrough of $4000 could push gold prices towards the next resistance levels of $4170-$4180 [4] Group 2: Silver Market - Silver prices are stable around $48.00, with traders focusing on gold market performance and awaiting further catalysts [1][6] - If silver falls below $48.00, it may head towards support levels of $47.00-$47.20 [6] Group 3: Platinum Market - Platinum has retreated to around $1500, with concerns over demand affecting its price [1][8] - If platinum remains below $1520, it could move towards support levels of $1400-$1410 [8]
美国国债价格涨幅扩大,美国10年期国债收益率下跌3个基点至4.13%
Mei Ri Jing Ji Xin Wen· 2025-11-06 09:08
Core Viewpoint - US Treasury prices have increased, leading to a decline in the yield of the 10-year Treasury note by 3 basis points to 4.13% [1] Group 1 - The price of US Treasury securities has risen, indicating a shift in investor sentiment towards safer assets [1] - The yield on the 10-year Treasury note has decreased, reflecting lower borrowing costs and potential implications for the broader economy [1]