{"id":44885,"date":"2026-04-14T10:05:35","date_gmt":"2026-04-14T10:05:35","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/44885\/"},"modified":"2026-04-14T10:05:35","modified_gmt":"2026-04-14T10:05:35","slug":"3%e6%9c%88%e8%a5%bf%e7%8f%ad%e7%89%99%e7%b6%93%e7%b5%b1%e4%b8%80%e8%aa%bf%e6%95%b4%e7%9a%84%e6%8c%89%e6%9c%88%e6%b6%88%e8%b2%bb%e7%89%a9%e5%83%b9%e4%b8%8a%e5%8d%871-7%ef%bc%8c%e9%ab%98%e6%96%bc","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/44885\/","title":{"rendered":"3\u6708\u897f\u73ed\u7259\u7d93\u7d71\u4e00\u8abf\u6574\u7684\u6309\u6708\u6d88\u8cbb\u7269\u50f9\u4e0a\u53471.7%\uff0c\u9ad8\u65bc\u5e02\u5834\u9810\u671f\u76841.5%"},"content":{"rendered":"<p>\u897f\u73ed\u7259\u7d71\u4e00\u6d88\u8cbb\u8005\u7269\u50f9\u6307\u6578\uff08HICP\uff0c\u6309\u6b50\u76df\u7d71\u4e00\u65b9\u6cd5\u8a08\u7b97\u7684\u901a\u8139\u6307\u6a19\uff0c\u65b9\u4fbf\u5404\u570b\u6bd4\u8f03\uff09\u57283\u6708\u6309\u6708\u4e0a\u53471.7%\uff0c\u5e02\u5834\u9810\u671f\u70ba1.5%\u3002<\/p>\n<p>3\u6708\u6578\u64da\u8f03\u9810\u671f\u9ad80.2\u500b\u767e\u5206\u9ede\u3002\u5b98\u65b9\u672a\u6709\u4ea4\u4ee3\u662f\u751a\u9ebc\u56e0\u7d20\u63a8\u52d5\u5347\u5e45\u3002<\/p>\n<h3>\u5c0d\u6b50\u6d32\u592e\u884c\u653f\u7b56\u7684\u5f71\u97ff<\/h3>\n<p>\u897f\u73ed\u72593\u6708\u901a\u8139\u6309\u6708\u53471.7%\uff0c\u5c6c\u91cd\u8981\u8a0a\u865f\uff0c\u53cd\u6620\u6b50\u5143\u5340\u901a\u8139\u58d3\u529b\u8f03\u9810\u671f\u66f4\u96e3\u56de\u843d\uff0c\u4ee4\u5e02\u5834\u5c0d\u6b50\u6d32\u592e\u884c\uff08ECB\uff09\u5373\u5c07\u5927\u5e45\u6e1b\u606f\u7684\u770b\u6cd5\u53d7\u5230\u6311\u6230\u3002\u8003\u616e\u5230\u6b50\u5143\u5340\u6838\u5fc3HICP\uff08\u5254\u9664\u80fd\u6e90\u53ca\u98df\u54c1\u7b49\u6ce2\u52d5\u8f03\u5927\u7684\u9805\u76ee\uff0c\u66f4\u80fd\u53cd\u6620\u9577\u671f\u901a\u8139\u8d70\u52e2\uff09\u4e00\u76f4\u96e3\u4ee5\u8dcc\u7a7f2.5%\uff0c\u9019\u4efd\u897f\u73ed\u7259\u6578\u64da\u6216\u4ee4ECB\u53d6\u614b\u66f4\u5be9\u614e\u3002<\/p>\n<p>\u9019\u53ef\u80fd\u4ee4ECB\u5728\u672a\u4f86\u6578\u5468\u4fdd\u6301\u8f03\u300c\u9df9\u6d3e\u300d\uff08\u5373\u66f4\u8457\u91cd\u904f\u6291\u901a\u8139\u3001\u50be\u5411\u7dad\u6301\u8f03\u9ad8\u5229\u7387\uff09\uff0c\u5305\u62ec\u5ef6\u5f8c\u9996\u6b21\u6e1b\u606f\uff0c\u6216\u6697\u793a\u6e1b\u606f\u6b65\u4f10\u8f03\u6162\u3001\u5e45\u5ea6\u8f03\u5c0f\u3002\u5c0d\u5229\u7387\u4ea4\u6613\u54e1\u800c\u8a00\uff0c\u9700\u8981\u91cd\u65b0\u8a55\u4f30\u62bc\u6ce8\u5feb\u901f\u5bec\u9b06\uff08\u5373\u6e1b\u606f\uff09\u7684\u90e8\u7f72\u3002\u53ef\u8003\u616e\u6cbd\u51fa2026\u5e7412\u6708Euribor\u671f\u8ca8\uff08Euribor\u70ba\u6b50\u5143\u5340\u9280\u884c\u540c\u696d\u62c6\u606f\uff1b\u76f8\u95dc\u671f\u8ca8\u50f9\u683c\u8207\u5e02\u5834\u5c0d\u672a\u4f86\u5229\u7387\u9810\u671f\u639b\u920e\uff09\uff0c\u56e0\u5e02\u5834\u6216\u9700\u4e0b\u8abf\u5c0d\u8a72\u5e74\u5ea6\u81f3\u5c11\u4e00\u6b21\u6e1b\u606f\u7684\u9810\u671f\u3002<\/p>\n<p>\u9019\u4ea6\u53ef\u80fd\u5229\u597d\u6b50\u5143\u3002\u6b50\u5143\u514c\u7f8e\u5143\u8fd1\u671f\u7d04\u57281.085\u6c34\u5e73\u5f98\u5f8a\u3002\u82e5ECB\u8f03\u70ba\u7336\u8c6b\uff0c\u800c\u5e02\u5834\u4ecd\u9810\u671f\u7f8e\u570b\u806f\u5132\u5c40\uff08Federal Reserve\uff09\u6e1b\u606f\uff0c\u6216\u63a8\u52d5EUR\/USD\uff08\u6b50\u5143\u514c\u7f8e\u5143\u532f\u7387\uff09\u4e0a\u884c\u3002\u4ea4\u6613\u54e1\u53ef\u8003\u616e\u8cb7\u5165\u77ed\u671f\u6b50\u5143\u770b\u6f32\u671f\u6b0a\uff08call option\uff0c\u5373\u5728\u5230\u671f\u65e5\u524d\u4ee5\u6307\u5b9a\u50f9\u683c\u8cb7\u5165\u7684\u6b0a\u5229\uff09\uff0c\u884c\u4f7f\u50f9\u7d041.10\u7f8e\u5143\uff0c\u4ee5\u90e8\u7f72\u6f5b\u5728\u7a81\u7834\u3002<\/p>\n<p>\u5c0d\u80a1\u5e02\u800c\u8a00\u5247\u5c6c\u4e0d\u5229\u56e0\u7d20\uff0c\u56e0\u300c\u9ad8\u606f\u7dad\u6301\u66f4\u4e45\u300d\u6703\u58d3\u7e2e\u4f30\u503c\u3002\u5229\u7387\u654f\u611f\u5ea6\u4e0a\u5347\u6642\uff0c\u5e02\u5834\u66f4\u6613\u51fa\u73fe\u56de\u5410\u3002\u53ef\u8003\u616e\u8cb7\u5165Euro Stoxx 50\u6307\u6578\u7684\u4fdd\u8b77\u6027\u8a8d\u6cbd\u671f\u6b0a\uff08protective put\uff0c\u5373\u70ba\u6301\u5009\u8cb7\u5165\u4e0b\u8dcc\u4fdd\u969c\u7684\u671f\u6b0a\uff09\u4ee5\u5c0d\u6c96\u53ef\u80fd\u7684\u56de\u8abf\u3002<\/p>\n<h3>\u4e3b\u6b0a\u50b5\u5e02\u5f71\u97ff<\/h3>\n<p>\u5728\u4e3b\u6b0a\u50b5\u5e02\u5834\uff0c\u8a72\u6578\u64da\u6216\u63a8\u9ad8\u50b5\u606f\uff08yield\uff0c\u5373\u50b5\u5238\u5230\u671f\u56de\u5831\u7387\uff1b\u50b5\u606f\u4e0a\u5347\u901a\u5e38\u610f\u5473\u50b5\u50f9\u4e0b\u8dcc\uff09\u3002\u897f\u73ed\u725910\u5e74\u671f\u570b\u50b5\u8207\u5fb7\u570b\u540c\u5e74\u671f\u570b\u50b5\u7684\u606f\u5dee\uff08spread\uff0c\u5373\u5169\u8005\u5229\u7387\u5dee\u8ddd\uff09\uff0c\u8fd1\u671f\u7d0485\u500b\u57fa\u9ede\uff08basis points\uff1b1\u500b\u57fa\u9ede=0.01\u500b\u767e\u5206\u9ede\uff09\uff0c\u6216\u56e0\u6295\u8cc7\u8005\u8981\u6c42\u66f4\u9ad8\u98a8\u96aa\u88dc\u511f\u800c\u64f4\u5927\u3002\u8f03\u76f4\u63a5\u7684\u90e8\u7f72\u662f\u9810\u671f\u50b5\u50f9\u4e0b\u8dcc\uff0c\u53ef\u8003\u616e\u6cbd\u51fa\u5fb7\u570b\u570b\u50b5\u671f\u8ca8\uff08German Bund futures\uff1bBund\u70ba\u5fb7\u570b\u653f\u5e9c\u50b5\u5238\u7684\u5e02\u5834\u7a31\u547c\uff09\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u897f\u73ed\u72593\u6708\u901a\u8139\u610f\u5916\u5347\u6eab\uff1a\u7d93\u7d71\u4e00\u8abf\u6574CPI\u6309\u6708\u53471.7%\uff0c\u9ad8\u65bc\u9810\u671f1.5%\uff0c\u6216\u6dfb\u6b50\u592e\u884c\u653f\u7b56\u8b8a\u6578\uff0c\u5e02\u5834\u805a\u7126\u6e1b\u606f\u6b65\u4f10\u662f\u5426\u53d7\u963b\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-44885","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\/44885","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=44885"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/44885\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=44885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=44885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=44885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}