{"id":39328,"date":"2026-03-05T19:59:46","date_gmt":"2026-03-05T19:59:46","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/39328\/"},"modified":"2026-03-05T19:59:46","modified_gmt":"2026-03-05T19:59:46","slug":"%e7%be%8e%e5%9c%8b%e7%ac%ac%e5%9b%9b%e5%ad%a3%e5%96%ae%e4%bd%8d%e5%8b%9e%e5%8b%95%e6%88%90%e6%9c%ac%e9%81%942-8%ef%bc%8c%e9%81%a0%e8%b6%85%e9%a0%90%e6%9c%9f%e7%9a%840-2","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/39328\/","title":{"rendered":"\u7f8e\u570b\u7b2c\u56db\u5b63\u55ae\u4f4d\u52de\u52d5\u6210\u672c\u90542.8%\uff0c\u9060\u8d85\u9810\u671f\u76840.2%"},"content":{"rendered":"\u7f8e\u570b\u7b2c\u56db\u5b63\u55ae\u4f4d\u52de\u52d5\u6210\u672c\u4e0a\u5347 2.8%\uff0c\u9ad8\u65bc\u9810\u671f\u7684 0.2%\u3002\n\n\u9019\u6b21\u66f4\u65b0\u65bc 2026\/03\/05 13:30:51\uff08GMT\uff09\u767c\u5e03\u3002\u672c\u6587\u7531 FXStreet \u5718\u968a\u520a\u767b\u3002\n\n<h3>\u806f\u6e96\u6703\u9df9\u6d3e\u91cd\u65b0\u638c\u63e1\u4e3b\u5c0e<\/h3>\n2025 \u5e74\u7b2c\u56db\u5b63\u55ae\u4f4d\u52de\u52d5\u6210\u672c\u70ba 2.8%\uff0c\u9060\u9ad8\u65bc\u9810\u671f\u7684 0.2%\uff0c\u53ef\u63a8\u6e2c\u7f8e\u570b\u806f\u6e96\u6703\uff08Federal Reserve\uff0c\u7c21\u7a31 Fed\uff1b\u7f8e\u570b\u4e2d\u592e\u9280\u884c\uff09\u5c07\u7dad\u6301\u504f\u300c\u9df9\u6d3e\u300d\u3002\u6240\u8b02\u9df9\u6d3e\uff0c\u6307\u66f4\u91cd\u8996\u58d3\u4f4e\u901a\u81a8\u3001\u9858\u610f\u7dad\u6301\u9ad8\u5229\u7387\u6216\u7e7c\u7e8c\u5347\u606f\u7684\u7acb\u5834\u3002\u9019\u7a2e\u610f\u5916\u7684\u901a\u81a8\u58d3\u529b\uff0c\u4f7f 2026 \u5e74\u4e0a\u534a\u5e74\u964d\u606f\uff08\u964d\u4f4e\u653f\u7b56\u5229\u7387\uff09\u6a5f\u7387\u5927\u5e45\u4e0b\u964d\uff0c\u4e5f\u6703\u8b93\u5404\u985e\u8cc7\u7522\u7684\u98a8\u96aa\u5b9a\u50f9\u88ab\u91cd\u65b0\u8abf\u6574\u3002\n\n\u9019\u4efd\u6578\u64da\u4e5f\u5ef6\u7e8c 2026 \u5e74 1 \u6708\u6d88\u8cbb\u8005\u7269\u50f9\u6307\u6578\uff08Consumer Price Index\uff0cCPI\uff1b\u8861\u91cf\u4e00\u7c43\u5b50\u5546\u54c1\u8207\u670d\u52d9\u50f9\u683c\u8b8a\u5316\u7684\u901a\u81a8\u6307\u6a19\uff09\u7684\u8a0a\u865f\uff1a\u6838\u5fc3\u901a\u81a8\u4ecd\u5361\u5728 3.1%\u3002\u6240\u8b02\u6838\u5fc3\u901a\u81a8\uff0c\u662f\u628a\u6ce2\u52d5\u8f03\u5927\u7684\u98df\u54c1\u8207\u80fd\u6e90\u50f9\u683c\u6392\u9664\u5f8c\u7684\u901a\u81a8\uff0c\u7528\u4f86\u66f4\u6e05\u695a\u89c0\u5bdf\u9577\u671f\u7269\u50f9\u58d3\u529b\u3002\u53d7\u6b64\u5f71\u97ff\uff0c\u806f\u90a6\u57fa\u91d1\u671f\u8ca8\uff08Fed Funds futures\uff1b\u7528\u4f86\u63a8\u4f30\u5e02\u5834\u5c0d\u672a\u4f86\u653f\u7b56\u5229\u7387\u9810\u671f\u7684\u671f\u8ca8\u5408\u7d04\uff09\u76ee\u524d\u986f\u793a\uff1a7 \u6708\u524d\u964d\u606f\u6a5f\u7387\u4e0d\u5230 10%\uff0c\u8207\u4e00\u500b\u6708\u524d\u76f8\u6bd4\u660e\u986f\u53cd\u8f49\u3002\u4e5f\u5c31\u662f\u8aaa\uff0c\u4ea4\u6613\u4e0a\u8981\u4ee5\u300c\u5229\u7387\u7dad\u6301\u9ad8\u6a94\u66f4\u4e45\u300d\u70ba\u4e3b\u3002\n\n\u5c0d\u80a1\u7968\u884d\u751f\u54c1\uff08equity derivatives\uff1b\u50f9\u683c\u8ddf\u8457\u80a1\u7968\u6216\u80a1\u7968\u6307\u6578\u8d70\u7684\u5408\u7d04\uff0c\u4f8b\u5982\u9078\u64c7\u6b0a\u3001\u671f\u8ca8\uff09\u800c\u8a00\uff0c\u4ee3\u8868\u6ce2\u52d5\u53ef\u80fd\u4e0a\u5347\u3001\u6307\u6578\u627f\u58d3\u3002VIX \u6307\u6578\uff08\u8861\u91cf\u5e02\u5834\u5c0d\u6a19\u666e 500 \u672a\u4f86\u6ce2\u52d5\u9810\u671f\u7684\u6307\u6a19\uff0c\u5e38\u88ab\u7a31\u70ba\u300c\u6050\u614c\u6307\u6578\u300d\uff09\u5df2\u4e0a\u5347 18% \u81f3 16.5 \u4ee5\u4e0a\u3002\u63a5\u4e0b\u4f86\u5e7e\u9031\uff0c\u8cb7\u5165 SPY \u6216 QQQ \u9019\u985e ETF\uff08Exchange-Traded Fund\uff1b\u5728\u4ea4\u6613\u6240\u8cb7\u8ce3\u3001\u8ffd\u8e64\u6307\u6578\u7684\u4e00\u7c43\u5b50\u57fa\u91d1\uff09\u7684\u4fdd\u8b77\u6027\u8ce3\u6b0a\uff08protective put\uff1b\u900f\u904e\u8cb7\u5165\u8ce3\u6b0a\u4f86\u5c0d\u6c96\u4e0b\u8dcc\u98a8\u96aa\u7684\u7b56\u7565\uff09\u8f03\u70ba\u7a69\u5065\u3002\u5c0d\u504f\u6210\u9577\u3001\u5c0d\u5229\u7387\u66f4\u654f\u611f\u7684\u7522\u696d\uff0c\u8ce3\u51fa\u770b\u6f32\u50f9\u5dee\uff08call spread\uff1b\u540c\u6642\u8cb7\u8ce3\u4e0d\u540c\u5c65\u7d04\u50f9\u7684\u770b\u6f32\u9078\u64c7\u6b0a\uff0c\u4ee5\u9650\u5236\u98a8\u96aa\u4e26\u6536\u53d6\u6b0a\u5229\u91d1\/\u964d\u4f4e\u6210\u672c\uff09\u4e5f\u6709\u5438\u5f15\u529b\u3002\n\n\u5728\u5229\u7387\u5e02\u5834\u65b9\u9762\uff0c\u7126\u9ede\u6703\u8f49\u5411\u300c\u6b96\u5229\u7387\u7dad\u6301\u9ad8\u6a94\u300d\u7684\u4ea4\u6613\u3002\u4eca\u5929\u65e9\u4e0a\uff0c2 \u5e74\u671f\u7f8e\u570b\u516c\u50b5\u6b96\u5229\u7387\u4e0a\u5347 16 \u500b\u57fa\u9ede\u81f3 4.85%\uff0c\u5275 2025 \u5e74\u5e95\u4ee5\u4f86\u65b0\u9ad8\u3002\u57fa\u9ede\uff08basis point\uff09\u662f\u5229\u7387\u8b8a\u52d5\u7684\u55ae\u4f4d\uff0c1 \u500b\u57fa\u9ede\u7b49\u65bc 0.01%\u3002\u64cd\u4f5c\u4e0a\uff0c\u53ef\u7528\u7f8e\u570b\u516c\u50b5\u671f\u8ca8\u7684\u8ce3\u6b0a\uff08put options\uff1b\u7576\u50f9\u683c\u4e0b\u8dcc\u3001\u6b96\u5229\u7387\u4e0a\u5347\u6642\u901a\u5e38\u66f4\u6709\u5229\u7684\u9078\u64c7\u6b0a\u90e8\u4f4d\uff09\u4f86\u5e03\u5c40\uff1b\u6216\u8003\u616e\u5229\u7387\u4ea4\u63db\uff08interest rate swap\uff1b\u96d9\u65b9\u4ea4\u63db\u5229\u606f\u652f\u4ed8\u65b9\u5f0f\u7684\u5408\u7d04\uff09\uff0c\u63a1\u53d6\u300c\u652f\u4ed8\u56fa\u5b9a\u5229\u7387\u300d\uff08pay fixed\uff1b\u81ea\u5df1\u4ed8\u56fa\u5b9a\u5229\u7387\u3001\u6536\u6d6e\u52d5\u5229\u7387\uff0c\u901a\u5e38\u5728\u9810\u671f\u5229\u7387\u7dad\u6301\u9ad8\u6216\u4e0a\u5347\u6642\u4f7f\u7528\uff09\u7684\u505a\u6cd5\u3002\n\n\u9019\u7a2e\u72c0\u6cc1\u50cf 2023 \u5e74\u521d\uff1a\u5e02\u5834\u591a\u6b21\u62bc\u6ce8\u806f\u6e96\u6703\u8f49\u5411\u9d3f\u6d3e\uff08\u504f\u5411\u652f\u6301\u7d93\u6fdf\u3001\u9858\u610f\u964d\u606f\uff09\uff0c\u4f46\u90fd\u88ab\u5f37\u97cc\u7684\u6578\u64da\u63a8\u7ffb\u3002\u90a3\u6bb5\u6642\u9593\u7684\u6559\u8a13\u662f\uff1a\u5728\u901a\u81a8\u58d3\u529b\u5b58\u5728\u6642\uff0c\u8207\u300c\u770b\u6578\u64da\u6c7a\u7b56\u300d\uff08data-dependent\uff1b\u4f9d\u901a\u81a8\u3001\u5c31\u696d\u7b49\u6578\u64da\u8abf\u6574\u653f\u7b56\uff09\u7684\u806f\u6e96\u6703\u5c0d\u4f5c\uff0c\u4ee3\u50f9\u5f88\u9ad8\u3002\u56e0\u6b64\u7b56\u7565\u9700\u8981\u53cd\u6620\u9019\u7a2e\u6301\u7e8c\u7684\u7d93\u6fdf\u73fe\u5be6\u3002\n\n<h3>\u70ba\u300c\u5229\u7387\u66f4\u9ad8\u3001\u7dad\u6301\u66f4\u4e45\u300d\u505a\u5e03\u5c40<\/h3>\n<p>\n\n<p><strong>\u7acb\u5373\u958b\u59cb\u4ea4\u6613 &#8211; \u9ede\u64ca<a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">\u9019\u88e1<\/a>\u5275\u5efa\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u52de\u52d5\u6210\u672cQ4\u66b4\u885d2.8%\u5f15\u7206\u5e02\u5834\uff01Fed\u9df9\u6d3e\u518d\u638c\u8235\uff0c\u6838\u5fc3\u901a\u81a8\u4ecd\u9ecf3.1%\uff0c7\u6708\u524d\u964d\u606f\u6a5f\u7387\u8dcc\u783410%\u3002\u6b96\u5229\u7387\u8d70\u9ad8\u3001VIX\u5347\uff0c\u80a1\u5e02\u627f\u58d3\uff0c\u5b9c\u9632\u5b88\u8207\u9ad8\u5229\u7387\u5e03\u5c40\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-39328","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\/wp-json\/wp\/v2\/posts\/39328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=39328"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/39328\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=39328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=39328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=39328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}