{"id":49605,"date":"2026-06-09T22:08:03","date_gmt":"2026-06-09T22:08:03","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-52-haftalik-hazine-bonosu-getirisi-faizlerin-daha-uzun-sure-yuksek-kalacagi-beklentilerle-375e-yukseldi\/"},"modified":"2026-06-09T22:08:03","modified_gmt":"2026-06-09T22:08:03","slug":"abd-52-haftalik-hazine-bonosu-getirisi-faizlerin-daha-uzun-sure-yuksek-kalacagi-beklentilerle-375e-yukseldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/abd-52-haftalik-hazine-bonosu-getirisi-faizlerin-daha-uzun-sure-yuksek-kalacagi-beklentilerle-375e-yukseldi\/","title":{"rendered":"ABD 52 haftal\u0131k hazine bonosu getirisi, faizlerin daha uzun s\u00fcre y\u00fcksek kalaca\u011f\u0131 beklentilerle %3,75\u2019e y\u00fckseldi"},"content":{"rendered":"<p>ABD\u2019nin son 52 haftal\u0131k hazine bonosu ihalesi %3,75 seviyesinden sonu\u00e7land\u0131; \u00f6nceki ihalede bu oran %3,65\u2019ti. Bu hareket, bir y\u0131ll\u0131k ABD devlet borcu i\u00e7in talep edilen getiride 0,10 puanl\u0131k art\u0131\u015fa i\u015faret ediyor.<\/p>\n<h3>Faiz Beklentileri ve Sabit Getirili Taraf\u0131nda Konumlanma<\/h3>\n<p>52 haftal\u0131k bono getirisindeki y\u00fckseli\u015fi, piyasan\u0131n daha y\u00fcksek faizlerin daha uzun s\u00fcre korunaca\u011f\u0131n\u0131 fiyatlad\u0131\u011f\u0131na dair net bir sinyal olarak g\u00f6r\u00fcyoruz. Bu hamle, Fed\u2019in yak\u0131n vadede \u201cpivot\u201d yapaca\u011f\u0131na y\u00f6nelik beklentilerin zay\u0131flad\u0131\u011f\u0131na i\u015faret ediyor. Bu e\u011filimin \u00f6n\u00fcm\u00fczdeki birka\u00e7 hafta i\u00e7inde t\u00fcrev \u00fcr\u00fcn fiyatlamas\u0131n\u0131 do\u011frudan etkileyece\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n<p>Bu g\u00f6r\u00fc\u015f, son makro verilerle de destekleniyor. May\u0131s 2026 \u00e7ekirdek T\u00dcFE %3,1\u2019de g\u00fc\u00e7l\u00fc kal\u0131rken, Fed\u2019in hedefinin inat\u00e7\u0131 bi\u00e7imde \u00fczerinde seyrediyor. May\u0131s 2026 tar\u0131m d\u0131\u015f\u0131 istihdam verisi de yukar\u0131 y\u00f6nde s\u00fcrpriz yaparak 210 bin yeni istihdam art\u0131\u015f\u0131 g\u00f6sterdi. Bu g\u00f6stergeler, merkez bankas\u0131na para politikas\u0131n\u0131 gev\u015fetmeyi d\u00fc\u015f\u00fcnmesi i\u00e7in \u00e7ok az gerek\u00e7e b\u0131rak\u0131yor.<\/p>\n<p>Bu \u00e7er\u00e7evede, devlet tahvillerinin fiyat\u0131 \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131n\u0131n s\u00fcrmesine y\u00f6nelik pozisyon al\u0131yoruz. Hazine tahvili vadeli i\u015flemlerinde sat\u0131\u015f ya da uzun vadeli tahvil ETF\u2019leri \u00fczerinde put opsiyonu al\u0131m\u0131 se\u00e7eneklerini de\u011ferlendiriyoruz. Bu g\u00f6r\u00fcn\u00fcm, 2022\u2019de k\u0131sa vadeli getirilerdeki y\u00fckseli\u015fin tahvil fiyatlar\u0131nda belirgin bir d\u00fc\u015f\u00fc\u015f\u00fc \u00f6nceledi\u011fi d\u00f6neme benziyor.<\/p>\n<h3>Hisse Senetleri, Kur ve T\u00fcrev \u00dcr\u00fcnler A\u00e7\u0131s\u0131ndan Sonu\u00e7lar<\/h3>\n<p>Hisse senedi piyasalar\u0131nda bu faiz g\u00f6r\u00fcn\u00fcm\u00fc, bor\u00e7lanma maliyetlerine duyarl\u0131 b\u00fcy\u00fcme hisseleri i\u00e7in olumsuz bir zemin olu\u015fturuyor. Bu nedenle, korunma ama\u00e7l\u0131 olarak Nasdaq 100 endeksi \u00fczerinde put opsiyonlar\u0131na bak\u0131yoruz. Halihaz\u0131rda 14 civar\u0131nda i\u015flem g\u00f6ren CBOE Volatilite Endeksi (VIX) de, faiz belirsizli\u011finin artmas\u0131 durumunda g\u00f6rece ucuz g\u00f6r\u00fcn\u00fcyor.<\/p>\n<p>ABD\u2019de daha y\u00fcksek getiri, ABD dolar\u0131n\u0131n daha g\u00fc\u00e7l\u00fc seyredebilece\u011fi tezini de destekliyor. Merkez bankas\u0131 daha \u201cg\u00fcvercin\u201d olan para birimlerine kar\u015f\u0131\u2014\u00f6rne\u011fin Japon Yeni\u2014dolar\u0131n de\u011fer kazanmas\u0131n\u0131 bekliyoruz. Bu ortamda ABD Dolar Endeksi\u2019nde (DXY) uzun y\u00f6nl\u00fc t\u00fcrev stratejileri cazip g\u00f6r\u00fcn\u00fcyor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABD 52 haftal\u0131k bono faizi %3,75\u2019e \u00e7\u0131kt\u0131: \u201cy\u00fcksek faizler uzun s\u00fcre\u201d senaryosu g\u00fc\u00e7leniyor. Pivot beklentisi zay\u0131fl\u0131yor; tahvil fiyatlar\u0131 bask\u0131da. Nasdaq\u2019ta korunma, VIX ucuz, dolar\/ DXY lehine stratejiler \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":47700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49605","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49605","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=49605"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47700"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}