[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dciod0b13cbd":3},{"user":4,"document":8,"mainDocument":26,"columnUrl":28,"subscription":29,"footer":41,"text":76},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":22,"videoId":6,"liveVideoUrl":6,"duration":23,"price":23,"priceText":24,"priceBadgeText":24,"priceBadgeClass":25,"freeForMinGroupLevel":23,"redirectUrl":6,"readyToStream":5},"dciod0b13cbd","关税引发美国国债市场遭遇大规模抛售","\u002Fdoc\u002Fdciod0b13cbd","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">近期，由于特朗普提出的新一轮关税政策引发市场强烈反应，美国国债市场遭遇大规模抛售。投资者对美国未来的财政和通胀形势感到担忧，纷纷撤出美债，转而涌入德国国债等避险资产。短短三天内，美国\u003C\u002Fspan>10\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">年期国债与德国国债之间的收益率差飙升了\u003C\u002Fspan>45\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">个基点，显示资金正在快速逃离美国债市。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\"> \u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">目前，美国\u003C\u002Fspan>10\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">年期国债收益率已升至\u003C\u002Fspan>4.5%\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">，而在去年\u003C\u002Fspan>9\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">月份美联储开始降息周期时，这一数字仅为\u003C\u002Fspan>3.6%\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">。这种快速的利率上升表明，市场对美国通胀的担忧持续加剧，同时也反映出投资者认为美联储的货币政策已“落后于形势”。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\"> \u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">引发这场动荡的导火索之一是特朗普的贸易政策。他在竞选言论中再次强调要对中国加征高额关税，引发市场对全球供应链紧张和输入型通胀的担忧。与此同时，中国也表现出将坚决应对的姿态，使得关税战局面更具不确定性。这些因素共同构成了市场对“滞胀”的焦虑，即通胀高企的同时经济增速放缓。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\"> \u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">在这种背景下，华尔街资深投资人、知名经济学家\u003C\u002Fspan>Peter Schiff\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">在社交平台\u003C\u002Fspan>X\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">上发出警告。他指出，美国国债市场正在崩溃，如果美联储不在短期内紧急降息并重启量化宽松政策（\u003C\u002Fspan>QE\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">），美股可能会在明天就迎来类似\u003C\u002Fspan>1987\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">年“黑色星期一”的崩盘。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\"> \u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">虽然\u003C\u002Fspan>Schiff\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">的言论偏于极端，但也揭示出市场当前的高度脆弱性。如果利率持续高企，而经济数据又开始恶化，将可能触发连锁反应，导致资产价格全面下跌。市场正密切关注美联储的下一步动作，特别是是否会被迫比预期更早地采取宽松政策。\u003C\u002Fspan>\u003C\u002Fp>\n\u003Cp class=\"MsoNormal\"> \u003C\u002Fp>\n\u003Cp class=\"MsoNormal\">\u003Cspan lang=\"ZH-CN\" style=\"font-family: DengXian; mso-ascii-font-family: Aptos; mso-ascii-theme-font: minor-latin; mso-fareast-theme-font: minor-fareast; mso-hansi-font-family: Aptos; mso-hansi-theme-font: minor-latin;\">整体来看，当前的市场环境处于高不确定性状态。高利率、贸易摩擦和滞胀风险三重叠加，使得资金正在迅速重新配置。避险情绪抬头，德国国债、黄金、甚至现金类资产都重新受到青睐。这一系列变动，或将对全球金融市场产生深远影响。\u003C\u002Fspan>\u003C\u002Fp>","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202504-stk\u002FUploaderwbezok1mdt5_2025_04_09_09_10_06.jpg","2025-04-09T16:08:17.543","2025.04.09","2025\u002F04\u002F09",52929,[],"Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":27,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":22,"videoId":6,"liveVideoUrl":6,"duration":23,"price":23,"priceText":24,"priceBadgeText":24,"priceBadgeClass":25,"freeForMinGroupLevel":23,"redirectUrl":6,"readyToStream":5},[],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":30,"services":31,"recentDocuments":40},"\u003Cfigure class=\"image\">\u003Ca href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\" target=\"_blank\" rel=\"noopener noreferrer\">\u003Cimg style=\"display:block;margin-left:auto;margin-right:auto;\" src=\"https:\u002F\u002Fstockwewebfiles.blob.core.windows.net\u002Fweb-202408-stk\u002F1586109431mceclip0.jpg\">\u003C\u002Fa>\u003C\u002Ffigure>\u003Cdiv class=\"text-center\">\u003Ch2 class=\"card-title mx-auto\">\u003Cbr>\u003Ca target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\u002F\u002Fstockwe.com\u002Fdoc\u002Fdcio537efad5\">案例介绍：英伟达深度研究报告\u003C\u002Fa>\u003C\u002Fh2>\u003C\u002Fdiv>",[32,36],{"productId":33,"serviceName":34,"priceText":35},"prod_PPxdDdK87QaiLv","月付","$12.95美元",{"productId":37,"serviceName":38,"priceText":39},"prod_PPxeMs3bix1da5","年付","$149.00美元",[],{"links":42,"images":67,"summaryHtml":72,"aboutTitle":73,"aboutHtml":74,"copyrightHtml":75},[43,46,49,52,55,58,61,64],{"label":44,"url":45},"深度报告","\u002Fcol\u002FdepthReport",{"label":47,"url":48},"VIP会员","\u002Fplan",{"label":50,"url":51},"期权推荐","\u002FOption",{"label":53,"url":54},"低价暴涨股","\u002FPenny",{"label":56,"url":57},"常见问题","https:\u002F\u002Fstockwe.com\u002FFAQ",{"label":59,"url":60},"美股课程","\u002Fcol\u002Fvideos",{"label":62,"url":63},"免责声明","\u002Fdisclaimer",{"label":65,"url":66},"联系我们","\u002FContactUs",[68,69,70,71],"https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploaderzic2tuwsol2_2025_09_11_18_21_07.gif","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadercakzdvydksw_2025_09_03_09_00_56.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploadergtjyagwvoyk_2025_09_14_08_32_05.png","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202509-stk\u002FUploader3u0tt4jhlqh_2025_09_23_22_30_48.png","邮箱: buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":77,"search":78,"searchPlaceholder":78,"hotContent":79,"draft":80,"noData":81,"searchNoData":82,"edit":83,"editVideo":84,"courseContent":85,"more":86,"buyNow":87,"subscribeNow":88,"encoding":89,"paidContent":90},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]