{"id":46259,"date":"2026-04-29T17:59:47","date_gmt":"2026-04-29T17:59:47","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46259\/"},"modified":"2026-04-29T17:59:47","modified_gmt":"2026-04-29T17:59:47","slug":"%e7%99%bd%e9%8a%80%e8%b7%8c%e8%87%b3%e7%b4%8472-30%e7%be%8e%e5%85%83%ef%bc%8c%e6%9c%aa%e8%83%bd%e7%aa%81%e7%a0%b474%e7%be%8e%e5%85%83%ef%bc%8c%e8%81%af%e5%84%b2%e5%b1%80%e5%af%a9%e6%85%8e%e6%85%8b","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/live-updates\/46259\/","title":{"rendered":"\u767d\u9280\u8dcc\u81f3\u7d0472.30\u7f8e\u5143\uff0c\u672a\u80fd\u7a81\u783474\u7f8e\u5143\uff0c\u806f\u5132\u5c40\u5be9\u614e\u614b\u5ea6\u5f15\u767c\u9ad8\u5229\u7387\u6216\u7dad\u6301\u66f4\u4e45\u6182\u616e"},"content":{"rendered":"

\u767d\u9280\uff08XAG\/USD\uff09\u5468\u4e09\u4e0b\u8dcc1.02%\uff0c\u5831\u7d0472.30\u7f8e\u5143\uff0c\u672a\u80fd\u4f01\u7a6974.00\u7f8e\u5143\u4ee5\u4e0a\u3002\u753172.00\u7f8e\u5143\u9644\u8fd1\u4f4e\u4f4d\u53cd\u5f48\u529b\u5ea6\u6709\u9650\uff0c\u5e02\u5834\u6b63\u89c0\u671b\u7f8e\u570b\u806f\u90a6\u5132\u5099\u5c40\uff08Federal Reserve\uff0c\u7c21\u7a31\u300c\u806f\u5132\u5c40\u300d\uff09\u8b70\u606f\u7d50\u679c\u3002 <\/p>\n

\u7f8e\u5143\u4fdd\u6301\u5f37\u52e2\uff0c\u5e02\u5834\u9810\u671f\u8ca8\u5e63\u653f\u7b56\u5c07\u7dad\u6301\u300c\u504f\u7dca\u300d\uff08restrictive\uff0c\u5373\u900f\u904e\u8f03\u9ad8\u5229\u7387\u58d3\u6291\u901a\u8139\u53ca\u9700\u6c42\uff09\u3002\u806f\u5132\u5c40\u666e\u904d\u9810\u8a08\u5c07\u5229\u7387\u7dad\u6301\u57283.50%\u81f33.75%\u5340\u9593\u4e0d\u8b8a\uff0c\u7126\u9ede\u8f49\u5411\u4e3b\u5e2d\u9b91\u5a01\u723e\uff08Jerome Powell\uff09\u8b1b\u8a71\uff0c\u4ee5\u5c0b\u627e\u672a\u4f86\u653f\u7b56\u8d70\u5411\u7dda\u7d22\u3002 <\/p>\n

\u5229\u7387\u6216\u9577\u6642\u9593\u7dad\u6301\u9ad8\u4f4d<\/h3>\n

\u300c\u5229\u7387\u9577\u6642\u9593\u7dad\u6301\u9ad8\u4f4d\u300d\uff08higher for longer\uff09\u9810\u671f\u62d6\u7d2f\u8cb4\u91d1\u5c6c\uff0c\u56e0\u70ba\u6703\u63d0\u9ad8\u6301\u6709\u300c\u7121\u5229\u606f\u8cc7\u7522\u300d\uff08non-yielding assets\uff0c\u5373\u672c\u8eab\u4e0d\u6703\u50cf\u5b58\u6b3e\u6216\u50b5\u5238\u822c\u63d0\u4f9b\u5229\u606f\u6536\u5165\uff09\u7684\u4ee3\u50f9\u3002\u50b5\u5238\u5b73\u606f\uff08bond yields\uff0c\u5373\u50b5\u5238\u6295\u8cc7\u8005\u5be6\u969b\u53ef\u7372\u56de\u5831\u7387\uff09\u4e0a\u5347\uff0c\u53cd\u6620\u5e02\u5834\u4ecd\u64d4\u5fc3\u901a\u8139\uff0c\u4ea6\u524a\u5f31\u5c0d\u767d\u9280\u9700\u6c42\u3002 <\/p>\n

\u5730\u7de3\u653f\u6cbb\u7dca\u5f35\u4ea6\u589e\u6dfb\u58d3\u529b\uff0c\u7f8e\u4f0a\u95dc\u4fc2\u5728\u970d\u723e\u6728\u8332\u6d77\u5cfd\uff08Strait of Hormuz\uff09\u554f\u984c\u4e0a\u51fa\u73fe\u6469\u64e6\u3002\u300a\u83ef\u723e\u8857\u65e5\u5831\u300b\u5831\u9053\uff0c\u7f8e\u570b\u653f\u5e9c\u8003\u616e\u5ef6\u9577\u5c0d\u4f0a\u6717\u7684\u7d93\u6fdf\u5c01\u9396\uff0c\u53ef\u80fd\u4ee4\u6cb9\u50f9\u7dad\u6301\u9ad8\u4f4d\uff0c\u4e26\u63a8\u9ad8\u5e02\u5834\u5c0d\u901a\u8139\u7684\u9810\u671f\u3002 <\/p>\n

TD Securities\u8868\u793a\uff0c\u82e5\u901a\u8139\u4ee4\u7d93\u6fdf\u589e\u9577\u653e\u7de9\u800c\u5229\u7387\u4ecd\u9ad8\u4f01\uff0c\u767d\u9280\u6216\u9762\u5c0d\u66f4\u5927\u4e0b\u884c\u98a8\u96aa\uff1b\u540c\u6642\u6307\u51fa\u5de5\u696d\u9700\u6c42\u8f49\u5f31\u53ca\u300c\u6301\u5009\u6210\u672c\u300d\uff08carry costs\uff0c\u5373\u6301\u6709\u671f\u5167\u7684\u8cc7\u91d1\u5229\u606f\u3001\u878d\u8cc7\u8207\u5009\u5132\u7b49\u6210\u672c\uff09\u4e0a\u5347\u4ea6\u6703\u62d6\u7d2f\u8868\u73fe\uff0c\u76f4\u81f3\u5e74\u5167\u7a0d\u5f8c\u56e0\u4f9b\u61c9\u53d7\u9650\u624d\u53ef\u80fd\u5e36\u4f86\u652f\u6301\u3002 <\/p>\n

\u95dc\u9375\u6578\u64da\u8207\u4ea4\u6613\u5f71\u97ff<\/h3>\n

\u8fd1\u671f\u6578\u64da\u652f\u6301\u4e0a\u8ff0\u770b\u6cd5\u3002\u6700\u65b02026\u5e743\u6708\u6d88\u8cbb\u7269\u50f9\u6307\u6578\uff08CPI\uff0c\u5373\u8861\u91cf\u4e00\u7c43\u5b50\u5546\u54c1\u53ca\u670d\u52d9\u50f9\u683c\u8b8a\u52d5\u7684\u901a\u8139\u6307\u6a19\uff09\u986f\u793a\u901a\u8139\u9ecf\u6027\u504f\u9ad8\uff0c\u58313.6%\uff0c\u4ee4\u806f\u5132\u5c40\u7f3a\u4e4f\u6539\u8b8a\u653f\u7b56\u8a0a\u865f\u7684\u8a98\u56e0\u3002\u53d7\u6b64\u5f71\u97ff\uff0c10\u5e74\u671f\u7f8e\u570b\u570b\u50b5\u5b73\u606f\u5347\u81f3\u7d044.75%\uff0c\u76f4\u63a5\u63d0\u9ad8\u6301\u6709\u767d\u9280\u7684\u300c\u6a5f\u6703\u6210\u672c\u300d\uff08opportunity cost\uff0c\u5373\u8cc7\u91d1\u653e\u5728\u767d\u9280\u4e0a\u800c\u672a\u80fd\u7372\u53d6\u5176\u4ed6\u5229\u606f\u56de\u5831\u7684\u4ee3\u50f9\uff09\uff0c\u8f03\u5229\u597d\u9810\u671f\u50f9\u683c\u6a6b\u884c\u6216\u504f\u5f31\u7684\u90e8\u7f72\u3002 <\/p>\n

\u5de5\u696d\u5c64\u9762\u4ea6\u898b\u75b2\u614b\u3002\u6700\u65b0\u7f8e\u570b\u4f9b\u61c9\u7ba1\u7406\u5354\u6703\uff08ISM\uff09\u88fd\u9020\u696d\u63a1\u8cfc\u7d93\u7406\u6307\u6578\uff08PMI\uff0c\u5373\u4ee5\u554f\u5377\u53cd\u6620\u88fd\u9020\u696d\u666f\u6c23\uff1b50\u4ee5\u4e0a\u4ee3\u8868\u64f4\u5f35\u300150\u4ee5\u4e0b\u4ee3\u8868\u6536\u7e2e\uff09\u56de\u843d\u81f349.8\uff0c\u986f\u793a\u8f15\u5fae\u6536\u7e2e\uff0c\u6216\u4ee4\u5be6\u7269\u767d\u9280\u9700\u6c42\u964d\u6eab\u3002\u9019\u610f\u5473\u53ef\u8003\u616e\u4ee5\u300c\u8a8d\u6cbd\u671f\u6b0a\u300d\uff08put options\uff0c\u5373\u5728\u5230\u671f\u524d\u6309\u6307\u5b9a\u50f9\u683c\u8ce3\u51fa\u8cc7\u7522\u7684\u6b0a\u5229\uff09\u4f5c\u5c0d\u6c96\uff1b\u6216\u5728\u767d\u9280\u671f\u8ca8\uff08futures\uff0c\u5373\u7d04\u5b9a\u672a\u4f86\u67d0\u65e5\u6309\u6307\u5b9a\u50f9\u683c\u8cb7\u8ce3\u7684\u5408\u7d04\uff09\u4e0a\u63a1\u7528\u300c\u6cbd\u51fa\u8a8d\u8cfc\u50f9\u5dee\u300d\uff08selling call spreads\uff0c\u5373\u540c\u6642\u8ce3\u51fa\u8f03\u4f4e\u884c\u4f7f\u50f9\u8a8d\u8cfc\u671f\u6b0a\u4e26\u8cb7\u5165\u8f03\u9ad8\u884c\u4f7f\u50f9\u8a8d\u8cfc\u671f\u6b0a\uff0c\u4ee5\u6536\u53d6\u6b0a\u5229\u91d1\u4f46\u9650\u5236\u98a8\u96aa\uff09\uff0c\u4ee5\u9632\u50f9\u683c\u56de\u843d\u81f372.00\u7f8e\u5143\u652f\u6301\u4f4d\u3002 <\/p>\n

\u958b\u7acbVT Markets\u771f\u5be6\u5e33\u6236<\/a> \u4e26\u7acb\u5373\u958b\u59cb\u4ea4\u6613<\/a>\u3002<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\u767d\u9280\u56de\u843d\u81f3\u7d0472.30\u7f8e\u5143\uff0c\u885d\u95dc74\u7f8e\u5143\u5931\u6557\u3002\u806f\u5132\u5c40\u7e8c\u653e\u9df9\uff0c\u5e02\u5834\u6182\u9ad8\u606f\u7dad\u6301\u66f4\u4e45\uff0c\u91d1\u5c6c\u627f\u58d3\uff1b\u5f8c\u5e02\u95dc\u9375\u770b\u901a\u8139\u6578\u64da\u8207\u7f8e\u5143\u8d70\u5411\u3002<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46259","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\/zh-ca\/wp-json\/wp\/v2\/posts\/46259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/comments?post=46259"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/posts\/46259\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/media?parent=46259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/categories?post=46259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh-ca\/wp-json\/wp\/v2\/tags?post=46259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}