{"id":30009,"date":"2026-03-10T18:03:08","date_gmt":"2026-03-10T18:03:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/nbc-iran-catismasi-boc-oynakligini-artirdi-piyasalarin-2026-faiz-artislarini-kisa-sureligine-fiyatlamasina-ragmen-kisa-vadeli-faizler-yatay-kaldi\/"},"modified":"2026-03-10T18:03:08","modified_gmt":"2026-03-10T18:03:08","slug":"nbc-iran-catismasi-boc-oynakligini-artirdi-piyasalarin-2026-faiz-artislarini-kisa-sureligine-fiyatlamasina-ragmen-kisa-vadeli-faizler-yatay-kaldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/nbc-iran-catismasi-boc-oynakligini-artirdi-piyasalarin-2026-faiz-artislarini-kisa-sureligine-fiyatlamasina-ragmen-kisa-vadeli-faizler-yatay-kaldi\/","title":{"rendered":"NBC: \u0130ran \u00e7at\u0131\u015fmas\u0131 BoC oynakl\u0131\u011f\u0131n\u0131 art\u0131rd\u0131; piyasalar\u0131n 2026 faiz art\u0131\u015flar\u0131n\u0131 k\u0131sa s\u00fcreli\u011fine fiyatlamas\u0131na ra\u011fmen k\u0131sa vadeli faizler yatay kald\u0131"},"content":{"rendered":"Kanada Merkez Bankas\u0131 (BoC) faiz beklentileri etraf\u0131ndaki piyasa dalgalanmas\u0131 Mart ay\u0131nda artt\u0131; bu art\u0131\u015f \u0130ran\u2019daki \u00e7at\u0131\u015fmayla ili\u015fkilendirildi. Fiyatlama k\u0131sa s\u00fcreli\u011fine olas\u0131 faiz indirimlerinden faiz art\u0131\u015f\u0131 ihtimaline kayd\u0131; piyasalar bir noktada indirim yerine 2026\u2019da art\u0131\u015flar\u0131 fiyatlad\u0131.\n\nKanada Ulusal Bankas\u0131, BoC\u2019nin 2026 boyunca faizleri de\u011fi\u015ftirmeyece\u011fini \u00f6ng\u00f6r\u00fcyor. Bu g\u00f6r\u00fc\u015f, Kanada\u2019n\u0131n T\u00dcFE\u2019si (T\u00fcketici Fiyat Endeksi: t\u00fcketici fiyatlar\u0131ndaki y\u0131ll\u0131k art\u0131\u015f\u0131 g\u00f6steren enflasyon \u00f6l\u00e7\u00fcs\u00fc) %1\u2013%3 kontrol band\u0131nda kal\u0131rsa, BoC\u2019nin petrol\u00fcn (ham petrol: benzin gibi yak\u0131tlar\u0131n ana girdisi) y\u00fckseltti\u011fi benzin fiyatlar\u0131n\u0131 \u201cge\u00e7ici etkiler\u201d olarak g\u00f6rmezden gelece\u011fi varsay\u0131m\u0131na dayan\u0131yor.\n\n

Kanada Merkez Bankas\u0131 Faiz G\u00f6r\u00fcn\u00fcm\u00fc<\/h3>\nNot, zay\u0131f b\u00fcy\u00fcme ko\u015fullar\u0131na ve i\u015fg\u00fcc\u00fc piyasas\u0131nda h\u00e2l\u00e2 at\u0131l kapasiteye (slack: ekonomide kullan\u0131lmayan i\u015fg\u00fcc\u00fc\/\u00fcretim potansiyeli) de i\u015faret ediyor. Bu unsurlar, petrol fiyatlar\u0131 y\u00fcksek kalsa bile para politikas\u0131nda (merkez bankas\u0131n\u0131n faiz ve likidite kararlar\u0131) sabit duru\u015fu destekleyen etkenler olarak g\u00f6steriliyor.\n\n\u0130ran\u2019daki \u00e7at\u0131\u015fma nedeniyle BoC faiz beklentilerindeki dalgalanma son d\u00f6nemde artt\u0131. Birka\u00e7 hafta \u00f6nce piyasa faiz indirimini konu\u015furken, \u015fimdi faiz art\u0131\u015f\u0131 ihtimalini fiyatl\u0131yor. Bu hareket, temel ekonomik g\u00f6r\u00fcn\u00fcmden \u00e7ok man\u015fet kaynakl\u0131 korkunun tetikledi\u011fi ge\u00e7ici bir sapma olarak de\u011ferlendiriliyor.\n\nPolitika yap\u0131c\u0131lar\u0131n benzin fiyatlar\u0131ndaki son s\u0131\u00e7ramay\u0131 \u201cge\u00e7ici\u201d g\u00f6rmesi bekleniyor; bu art\u0131\u015f \u015eubat ay\u0131 man\u015fet T\u00dcFE\u2019yi (headline CPI: enerji ve g\u0131da gibi oynak kalemleri de i\u00e7eren genel enflasyon) %2,9\u2019a ta\u015f\u0131d\u0131. Ancak daha \u00f6nemli olan \u00e7ekirdek g\u00f6stergeler (core inflation: enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) %2,4 ile sabit kald\u0131 ve Banka\u2019n\u0131n kontrol band\u0131n\u0131n i\u00e7inde. Bu da, 2025\u2019teki petrol fiyat\u0131 s\u0131\u00e7ramalar\u0131nda oldu\u011fu gibi, Banka\u2019ya \u201cbekle-g\u00f6r\u201d alan\u0131 veriyor.\n\n

E\u011fri ve Volatiliteye Etkiler<\/h3>\nFaiz art\u0131rmama g\u00f6r\u00fc\u015f\u00fc, son istihdam raporuyla g\u00fc\u00e7leniyor: i\u015fsizlik oran\u0131 ge\u00e7en ay %6,4\u2019e y\u00fckseldi. Ayr\u0131ca 2025\u2019in son \u00e7eyre\u011finde GSYH b\u00fcy\u00fcmesi (GDP: bir ekonominin toplam \u00fcretim de\u011feri) neredeyse yatay kald\u0131; bu da zay\u0131f b\u00fcy\u00fcme e\u011filimini do\u011fruluyor. Bu tabloyla bir faiz art\u0131\u015f\u0131 \u00e7ok d\u00fc\u015f\u00fck olas\u0131l\u0131k g\u00f6r\u00fcl\u00fcyor.\n\nBu durum, getirinin k\u0131sa vadeli k\u0131sm\u0131n\u0131n (front-end of the curve: k\u0131sa vadeli faizleri temsil eden getiri e\u011frisinin \u00f6n taraf\u0131) \u015fu anda fiyatlad\u0131\u011f\u0131 faiz art\u0131\u015f\u0131 riskinin abart\u0131l\u0131 olabilece\u011fine i\u015faret ediyor. \u0130\u015flem yapanlar, oynakl\u0131\u011f\u0131n (volatility: fiyatlar\u0131n dalgalanma d\u00fczeyi) y\u00fcksek olmas\u0131 nedeniyle, faiz art\u0131\u015f\u0131ndan kazan\u00e7 sa\u011flayan opsiyonlar\u0131 (options: belirli bir fiyattan al\u0131m\/sat\u0131m hakk\u0131 veren t\u00fcrev \u00fcr\u00fcnler) satmay\u0131 de\u011ferlendirebilir. OIS piyasas\u0131ndaki (Overnight Index Swap: gecelik faiz endeksine ba\u011fl\u0131 faiz takas\u0131; politika faizi beklentilerini yans\u0131t\u0131r) mevcut fiyatlama, Banka\u2019n\u0131n 2026 boyunca faizi sabit tutaca\u011f\u0131 y\u00f6n\u00fcnde pozisyon almak i\u00e7in f\u0131rsat olarak g\u00f6r\u00fcl\u00fcyor.\n

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Hemen i\u015flem yapmaya ba\u015flay\u0131n – Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

\u0130ran gerilimi BoC faiz beklentilerini alt\u00fcst etti: piyasa indirimden art\u0131\u015fa savruldu, hatta 2026\u2019da art\u0131\u015flar\u0131 fiyatlad\u0131. Ulusal Banka ise zay\u0131f b\u00fcy\u00fcme ve \u0131l\u0131ml\u0131 \u00e7ekirdekle 2026\u2019da faiz sabit diyor.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-30009","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30009"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30009\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}