{"id":31054,"date":"2026-03-24T19:04:51","date_gmt":"2026-03-24T19:04:51","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-redbook-yillik-endeksi-onceki-64-seviyesinden-67ye-yukseldi\/"},"modified":"2026-03-24T19:04:51","modified_gmt":"2026-03-24T19:04:51","slug":"abd-redbook-yillik-endeksi-onceki-64-seviyesinden-67ye-yukseldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-redbook-yillik-endeksi-onceki-64-seviyesinden-67ye-yukseldi\/","title":{"rendered":"ABD Redbook y\u0131ll\u0131k endeksi, \u00f6nceki %6,4 seviyesinden %6,7\u2019ye y\u00fckseldi"},"content":{"rendered":"ABD Redbook Endeksi\u2019nin y\u0131ll\u0131k art\u0131\u015f oran\u0131 20 Mart\u2019ta %6,7 oldu.  \n\n\u00d6nceki de\u011fer %6,4\u2019t\u00fc.\n\n<h3>T\u00fcketici Harcamalar\u0131 H\u0131zlan\u0131yor<\/h3>\nRedbook Endeksi\u2019nin %6,7\u2019ye y\u00fckselmesi, t\u00fcketici harcamalar\u0131n\u0131n sadece g\u00fc\u00e7l\u00fc kalmad\u0131\u011f\u0131n\u0131, h\u0131zland\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu tablo, ABD Merkez Bankas\u0131 (Fed) \u00fczerinde bask\u0131 yarat\u0131yor ve yak\u0131n vadede faiz indirimi gerek\u00e7elendirmeyi zorla\u015ft\u0131r\u0131yor. Bu nedenle Fed\u2019in Nisan toplant\u0131s\u0131nda faizleri sabit tutmas\u0131 daha olas\u0131 g\u00f6r\u00fcn\u00fcyor. Vadeli i\u015flem piyasalar\u0131 (gelecekteki fiyatlamay\u0131 g\u00f6steren piyasalar) \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekten \u00f6nce faiz indirimi ihtimalini h\u0131zla fiyatlardan \u00e7\u0131kar\u0131yor.\n\nYeniden canlanan enflasyon endi\u015fesi, yat\u0131r\u0131mc\u0131lar\u0131n faiz \u00fcr\u00fcnlerinde (tahvil, faiz vadeli i\u015flemleri gibi faiz oran\u0131na duyarl\u0131 ara\u00e7lar) d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar\u0131 de\u011ferlendirmesine i\u015faret ediyor. Bu ay 10 y\u0131ll\u0131k ABD Hazine tahvili faizinin (10 y\u0131l vadeli devlet tahvilinin getirisi) yeniden %4,5\u2019e yakla\u015fmas\u0131 da bunu destekliyor. Daha uzun vadeli tahvil ETF\u2019lerinde (borsada i\u015flem g\u00f6ren fon) sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131) almak veya Hazine tahvili vadeli i\u015flemlerinde (futures: ileri tarihli al\u0131m-sat\u0131m s\u00f6zle\u015fmesi) k\u0131sa pozisyon a\u00e7mak, faizlerin daha uzun s\u00fcre y\u00fcksek kalaca\u011f\u0131 beklentisini i\u015flemeye y\u00f6nelik do\u011frudan y\u00f6ntemler olabilir.\n\nHisse senetlerinde ise g\u00f6r\u00fcn\u00fcm ayr\u0131\u015f\u0131yor. G\u00fc\u00e7l\u00fc t\u00fcketici harcamas\u0131 perakende ve iste\u011fe ba\u011fl\u0131 t\u00fcketim (zorunlu olmayan harcamalara ba\u011fl\u0131 sekt\u00f6r) hisseleri i\u00e7in olumlu; bu da sekt\u00f6r bazl\u0131 ETF\u2019lerde al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) fikrini destekliyor. Bu g\u00f6r\u00fcn\u00fcm, mart ba\u015f\u0131ndaki son istihdam raporuyla da uyumlu; hizmetler sekt\u00f6r\u00fcnde beklentileri a\u015fan \u015fekilde 250 binden fazla istihdam art\u0131\u015f\u0131 g\u00f6r\u00fclm\u00fc\u015ft\u00fc.\n\nBuna kar\u015f\u0131l\u0131k faizlerin uzun s\u00fcre y\u00fcksek kalmas\u0131, bor\u00e7lanma maliyetine duyarl\u0131 b\u00fcy\u00fcme ve teknoloji hisseleri i\u00e7in olumsuz bir r\u00fczg\u00e2r. Ge\u00e7mi\u015fte benzer bir tablo, g\u00fc\u00e7l\u00fc verilerin Fed\u2019in politika de\u011fi\u015fimini (faiz indirimine y\u00f6nelme) geciktirdi\u011fi d\u00f6nemlerde teknoloji hisselerinde belirgin zay\u0131flamaya yol a\u00e7m\u0131\u015ft\u0131. Bu da piyasada faiz hassasiyeti y\u00fcksek alanlarda temkinli duru\u015fa veya koruyucu sat\u0131m opsiyonlar\u0131na i\u015faret ediyor.\n\n<h3>Dolar G\u00fcc\u00fc \u00d6ne \u00c7\u0131k\u0131yor<\/h3>\nD\u00f6viz piyasalar\u0131nda Fed\u2019in \u201c\u015fahin\u201d duru\u015fu (enflasyonla m\u00fccadele i\u00e7in faizi y\u00fcksek tutma e\u011filimi) ABD dolar\u0131 i\u00e7in destekleyici. Dolar Endeksi (DXY: dolar\u0131n ba\u015fl\u0131ca para birimleri kar\u015f\u0131s\u0131ndaki g\u00fcc\u00fcn\u00fc g\u00f6steren endeks) bu hafta 105\u2019in \u00fczerine \u00e7\u0131kt\u0131. Hareketin arkas\u0131nda, Avrupa\u2019da daha zay\u0131f gelen verilerle birlikte ABD-Avrupa faiz fark\u0131n\u0131n (faiz oran\u0131 fark\u0131) a\u00e7\u0131lmas\u0131 var. \u00d6n\u00fcm\u00fczdeki haftalarda, \u201cg\u00fcvercin\u201d merkez bankalar\u0131na (faiz indirimine daha yak\u0131n duran) sahip para birimlerine kar\u015f\u0131 dolarda uzun pozisyonlar daha cazip g\u00f6r\u00fcn\u00fcyor.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>S\u00fcrpriz sinyal: ABD Redbook y\u0131ll\u0131k art\u0131\u015f\u0131 20 Mart\u2019ta %6,7\u2019ye \u00e7\u0131kt\u0131. T\u00fcketim h\u0131zlan\u0131yor, Fed\u2019in Nisan\u2019da bekle-g\u00f6rle faizi sabit tutmas\u0131 g\u00fc\u00e7leniyor; tahvil faizleri bask\u0131da, dolar endeksi 105 \u00fcst\u00fcnde.<\/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-31054","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\/31054","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=31054"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/31054\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=31054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=31054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=31054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}