{"id":46415,"date":"2026-04-30T23:04:02","date_gmt":"2026-04-30T23:04:02","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46415\/"},"modified":"2026-04-30T23:04:02","modified_gmt":"2026-04-30T23:04:02","slug":"%e7%be%8e%e5%9c%8b%e5%9b%9b%e5%91%a8%e7%9f%ad%e6%9c%9f%e5%9c%8b%e5%ba%ab%e5%88%b8%e6%8b%8d%e8%b3%a3%e5%ad%b3%e6%81%af%e5%be%ae%e5%8d%87%e8%87%b33-6%ef%bc%8c%e7%95%a5%e9%ab%98%e6%96%bc%e5%89%8d","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh-ca\/live-updates\/46415\/","title":{"rendered":"\u7f8e\u570b\u56db\u5468\u77ed\u671f\u570b\u5eab\u5238\u62cd\u8ce3\u5b73\u606f\u5fae\u5347\u81f33.6%\uff0c\u7565\u9ad8\u65bc\u524d\u6b21\u76843.595%"},"content":{"rendered":"

\u7f8e\u570b4\u661f\u671f\u570b\u5eab\u5238\uff08\u77ed\u671f\u653f\u5e9c\u50b5\u5238\uff09\u62cd\u8ce3\u5b73\u606f\u7387\uff08\u6536\u76ca\u7387\uff09\u5347\u81f33.6%\u3002\u4e0a\u4e00\u8f2a\u62cd\u8ce3\u5b73\u606f\u7387\u70ba3.595%\u3002<\/p>\n

\u5e02\u5834\u6b63\u91cd\u65b0\u8abf\u6574\u5c0d\u806f\u90a6\u5132\u5099\u5c40\uff08Fed\uff0c\u8ca0\u8cac\u5236\u5b9a\u7f8e\u570b\u5229\u7387\u7684\u592e\u884c\uff09\u77ed\u671f\u653f\u7b56\u7684\u9810\u671f\uff0c4\u661f\u671f\u570b\u5eab\u5238\u62cd\u8ce3\u5229\u7387\u5fae\u5347\u81f33.6%\u3002\u9019\u500b\u7d30\u5e45\u4e0a\u5347\u986f\u793a\uff0c\u5e02\u5834\u904e\u53bb\u8f03\u666e\u904d\u7684\u5047\u8a2d\u2014\u2014Fed\u6703\u6301\u7e8c\u6e1b\u606f\u2014\u2014\u6b63\u53d7\u5230\u8cea\u7591\u3002\u5c0d\u4ea4\u6613\u54e1\u800c\u8a00\uff0c\u9019\u610f\u5473Fed\u7684\u300c\u5bec\u9b06\u5468\u671f\u300d\uff08\u6e1b\u606f\u5468\u671f\uff09\u53ef\u80fd\u66ab\u505c\uff0c\u9700\u8981\u76f8\u61c9\u8abf\u6574\u6301\u5009\u3002<\/p>\n

Fed Expectations Shift<\/h3>\n

\u9019\u8207\u6700\u65b0\u6578\u64da\u4e00\u81f4\uff1a2026\u5e743\u6708\u901a\u8139\u5831\u544a\u986f\u793a\u7269\u50f9\u8d70\u52e2\u8f03\u9810\u671f\u5805\u633a\uff0c\u6263\u9664\u98df\u54c1\u53ca\u80fd\u6e90\u7b49\u6ce2\u52d5\u8f03\u5927\u7684\u9805\u76ee\u7684\u300c\u6838\u5fc3\u901a\u8139\u300d\u70ba3.1%\u3002\u52de\u52d5\u5e02\u5834\u4ea6\u4fdd\u6301\u97cc\u6027\uff0c4\u6708\u521d\u6700\u65b0\u6578\u64da\u986f\u793a\u65b0\u589e\u8077\u4f4d\u9054215,000\u500b\u3002\u6211\u5011\u8a8d\u70ba\uff0c\u9019\u7d44\u5408\u4ee4Fed\u6709\u7406\u64da\u5728\u590f\u5b63\u524d\u5f8c\u7dad\u6301\u5229\u7387\u4e0d\u8b8a\uff0c\u8207\u4e0d\u5c11\u5e02\u5834\u5b9a\u50f9\u6240\u53cd\u6620\u7684\u60c5\u6cc1\u4e0d\u540c\u3002<\/p>\n

\u5728\u6b64\u60c5\u666f\u4e0b\uff0c\u53ef\u8003\u616e\u6cbd\u51fa\u77ed\u671f\u5229\u7387\u671f\u8ca8\uff08\u4ee5\u672a\u4f86\u5229\u7387\u6c34\u5e73\u4f5c\u8cb7\u8ce3\u7684\u5408\u7d04\uff09\uff0c\u4f8b\u5982\u8207SOFR\uff08\u6709\u62b5\u62bc\u9694\u591c\u878d\u8cc7\u5229\u7387\uff0c\u7f8e\u570b\u4e3b\u6d41\u77ed\u671f\u5229\u7387\u57fa\u6e96\uff09\u639b\u920e\u7684\u5408\u7d04\uff0c\u90e8\u7f722026\u5e74\u4e0b\u534a\u5e74\u3002\u9019\u505a\u6cd5\u62bc\u6ce8\u5e02\u5834\u6703\u7e7c\u7e8c\u964d\u4f4e\u5c0d\u4eca\u5e74\u9032\u4e00\u6b65\u6e1b\u606f\u7684\u9810\u671f\u3002\u56de\u9867\u4ee5\u5f80\u5468\u671f\uff0c\u7576Fed\u5728\u9023\u7e8c\u6e1b\u606f\u5f8c\u66ab\u505c\uff0c\u6536\u76ca\u7387\u66f2\u7dda\u524d\u7aef\uff08\u77ed\u5e74\u671f\u5229\u7387\u90e8\u5206\uff09\u5f80\u5f80\u6703\u5728\u6578\u500b\u6708\u5167\u91cd\u65b0\u4e0a\u79fb\u3002<\/p>\n

\u5c0dFed\u8def\u5f91\u7684\u4e0d\u78ba\u5b9a\u6027\u589e\u52a0\uff0c\u4ea6\u53ef\u80fd\u63a8\u9ad8\u300c\u96b1\u542b\u6ce2\u5e45\u300d\uff08\u671f\u6b0a\u50f9\u683c\u53cd\u6620\u7684\u5e02\u5834\u9810\u671f\u6ce2\u52d5\u7a0b\u5ea6\uff09\u3002\u53ef\u8003\u616e\u8cb7\u5165\u6709\u5229\u65bc\u50f9\u683c\u5927\u5e45\u6ce2\u52d5\u7684\u671f\u6b0a\u7b56\u7565\u3002\u4f8b\u5b50\u5305\u62ec\u5728iShares 20+ Year Treasury Bond ETF\uff08TLT\uff0c\u8ffd\u8e6420\u5e74\u4ee5\u4e0a\u7f8e\u570b\u570b\u50b5\u50f9\u683c\u7684\u4ea4\u6613\u6240\u8cb7\u8ce3\u57fa\u91d1\uff09\u8cb7\u5165\u8de8\u5f0f\u671f\u6b0a\uff08straddle\uff0c\u540c\u6642\u8cb7\u5165\u540c\u4e00\u884c\u4f7f\u50f9\u7684\u8a8d\u8cfc\u8207\u8a8d\u6cbd\u671f\u6b0a\uff0c\u7528\u65bc\u62bc\u6ce8\u6ce2\u52d5\u4e0a\u5347\u800c\u975e\u65b9\u5411\uff09\u3002<\/p>\n

\u6b64\u74b0\u5883\u6216\u5c0d\u504f\u91cd\u589e\u9577\u7684\u80a1\u7968\u69cb\u6210\u58d3\u529b\uff0c\u5c24\u5176\u662f\u53bb\u5e74\u53d7\u60e0\u65bc\u5229\u7387\u4e0b\u8dcc\u7684\u677f\u584a\u3002\u53ef\u8003\u616e\u70ba\u80a1\u7968\u9577\u5009\u4f5c\u5c0d\u6c96\uff0c\u4f8b\u5982\u8cb7\u5165\u4e3b\u8981\u6307\u6578\u7684\u8a8d\u6cbd\u671f\u6b0a\uff08put\uff0c\u4ee5\u5728\u4e0b\u8dcc\u6642\u7372\u5229\u6216\u6e1b\u5c11\u640d\u5931\uff09\uff0c\u6216\u5728\u90e8\u5206\u79d1\u6280\u677f\u584a\u6cbd\u51fa\u8a8d\u8cfc\u50f9\u5dee\uff08call spread\uff0c\u540c\u6642\u8ce3\u51fa\u53ca\u8cb7\u5165\u4e0d\u540c\u50f9\u4f4d\u7684\u8a8d\u8cfc\u671f\u6b0a\uff0c\u4ee5\u9650\u5b9a\u98a8\u96aa\u4e26\u5728\u80a1\u50f9\u53d7\u58d3\u6216\u5347\u5e45\u53d7\u9650\u6642\u53d7\u60e0\uff09\u3002\u9019\u6709\u52a9\u5728\u5e02\u5834\u9762\u5c0d\u300c\u501f\u8cb8\u6210\u672c\u77ed\u671f\u5167\u4e0d\u6703\u4e0b\u964d\u300d\u7684\u73fe\u5be6\u6642\uff0c\u70ba\u7d44\u5408\u63d0\u4f9b\u7de9\u885d\u3002<\/p>\n

Positioning For Higher Volatility<\/h3>\n","protected":false},"excerpt":{"rendered":"

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