从降息到加息！债券市场对美联储政策路径预期发生历史性转变

华尔街见闻03-19 23:23

全球债券市场正在经历一场深刻的预期重构。受英国央行鹰派转向冲击，交易员已将美联储2026年降息的可能性彻底定价出局，部分投资者甚至开始对接下来数月内加息的情景进行对冲。英国央行货币政策委员会周四以全票通过维持利率不变，同时警告将"随时准备出手"应对中东战争引发的通胀上升风险。这一措辞触发连锁反应——英国国债遭到抛售，两年期英债收益率单日飙升逾35个基点至4.46%，欧洲债市随之下行，并将压力传导至...

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