{"id":52738,"date":"2026-07-30T23:07:22","date_gmt":"2026-07-30T23:07:22","guid":{"rendered":"https:\/\/www.vtmarkets.com\/zh\/uncategorized\/52738\/"},"modified":"2026-07-30T23:07:22","modified_gmt":"2026-07-30T23:07:22","slug":"%e6%b2%83%e4%bb%80%ef%bc%9a%e8%81%af%e5%84%b2%e5%b1%80%e6%9a%ab%e5%81%9c%e5%8a%a0%e6%81%af%e9%a2%a8%e9%9a%aa%e8%a2%ab%e5%b8%82%e5%a0%b4%e9%8c%af%e8%aa%a4%e5%ae%9a%e5%83%b9%e3%80%80%e4%bc%8a%e6%9c%97","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/","title":{"rendered":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9\u3000\u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\u3000\u6eef\u8139\u6182\u616e\u5347\u6eab"},"content":{"rendered":"<p>\u7f8e\u570b\u8ca8\u5e63\u653f\u7b56\u4e00\u822c\u4ee5\u7ba1\u7406\u7e3d\u9700\u6c42\u70ba\u6838\u5fc3\u6846\u67b6\uff1a\u900f\u904e\u52a0\u606f\u6536\u7dca\u653f\u7b56\u4ee5\u6291\u5236\u901a\u8139\uff0c\u900f\u904e\u6e1b\u606f\u653e\u9b06\u653f\u7b56\u4ee5\u652f\u6301\u589e\u9577\u3002\u7e3d\u9700\u6c42\u88ab\u63cf\u8ff0\u70ba\u6d88\u8cbb\u8005\u3001\u4f01\u696d\u3001\u653f\u5e9c\u53ca\u6de8\u51fa\u53e3\u958b\u652f\u4e4b\u7e3d\u548c\uff0c\u800c\u806f\u5132\u5c40\u8f03\u591a\u662f\u900f\u904e\u5229\u7387\u8207\u4fe1\u8cb8\u74b0\u5883\u9593\u63a5\u5f71\u97ff\u4e0a\u8ff0\u7d44\u6210\u90e8\u5206\uff0c\u800c\u975e\u76f4\u63a5\u63a7\u5236\u3002\u5176\u50b3\u5c0e\u4e3b\u8981\u767c\u751f\u5728\u9700\u6c42\u7aef\uff1b\u81f3\u65bc\u4f9b\u61c9\u7aef\u7684\u56de\u61c9\uff0c\u901a\u5e38\u88ab\u8996\u70ba\u5c0d\u672a\u4f86\u9700\u6c42\u9810\u671f\u6539\u8b8a\u6240\u5e36\u4f86\u7684\u6b21\u8981\u6548\u679c\u3002<\/p>\n<p>\u6587\u7ae0\u6307\u51fa\uff0c\u7576\u524d\u6311\u6230\u5728\u65bc\u901a\u8139\u81f3\u5c11\u90e8\u5206\u2014\u2014\u751a\u81f3\u53ef\u80fd\u76f8\u7576\u5927\u90e8\u5206\u2014\u2014\u7531\u4f9b\u61c9\u885d\u64ca\u6240\u9a45\u52d5\uff0c\u8207\u4f0a\u6717\u6230\u4e8b\u76f8\u95dc\uff0c\u4e26\u5df2\u64fe\u4e82\u80fd\u6e90\u8207\u5316\u80a5\u4f9b\u61c9\u3002\u5728\u50f9\u683c\u4e0a\u5347\u672c\u5df2\u9810\u671f\u6703\u70ba\u7d93\u6fdf\u6d3b\u52d5\u964d\u6eab\u4e4b\u969b\uff0c\u82e5\u518d\u4ee5\u66f4\u7dca\u7684\u653f\u7b56\u9032\u4e00\u6b65\u58d3\u6291\u9700\u6c42\uff0c\u53ef\u80fd\u6703\u904e\u5ea6\u6536\u7dca\u3002\u6587\u4e2d\u7a31\u806f\u5132\u5c40\u4ee5\u6297\u901a\u8139\u70ba\u5148\uff0c\u4f46\u5728\u6700\u8fd1\u4e00\u6b21\u6703\u8b70\u4e0a\u672a\u6709\u518d\u52a0\u606f\uff0c\u6697\u793a\u5176\u5224\u65b7\u6838\u5fc3\u554f\u984c\u5728\u65bc\u7e3d\u4f9b\u61c9\u6536\u7e2e\uff0c\u800c\u901a\u8139\u53ef\u80fd\u5728\u521d\u6b65\u6025\u5347\u5f8c\u56de\u843d\uff0c\u6216\u900f\u904e\u5de5\u8cc7\u2014\u7269\u50f9\u87ba\u65cb\u800c\u6301\u7e8c\u3002\u9019\u91cd\u63d0\u8207\u9b91\u5a01\u723e\u76f8\u95dc\u7684\u300c\u77ed\u66ab\u6027\uff08transitory\uff09\u8207\u6301\u4e45\u6027\uff08lasting\uff09\u300d\u4e4b\u8faf\uff1b\u5728\u9b91\u5a01\u723e\u4efb\u5167\uff0c\u806f\u5132\u5c40\u56e0\u904e\u4e45\u7dad\u6301\u300c\u901a\u8139\u77ed\u66ab\u300d\u89c0\u9ede\u800c\u53d7\u6279\u8a55\uff0c\u6587\u7ae0\u6307\u5728\u6c83\u4ec0\uff08Warsh\uff09\u4e3b\u5e2d\u4efb\u5167\u4ea6\u6709\u91cd\u8e48\u8986\u8f4d\u7684\u98a8\u96aa\u3002<\/p>\n<h3>\u91cd\u63d0\u300c\u901a\u8139\u77ed\u66ab\u6027\u300d\u4e4b\u8faf<\/h3>\n<p>\u6211\u5011\u6b63\u898b\u5230\u6c83\u4ec0\u4e3b\u5e2d\u5728\u4f9b\u61c9\u7aef\u58d3\u529b\u52a0\u5287\u4e4b\u4e0b\u4ecd\u7dad\u6301\u5229\u7387\u4e0d\u8b8a\uff0c\u91cd\u6f14\u300c\u901a\u8139\u77ed\u66ab\u300d\u7684\u62bc\u6ce8\u3002\u8fd1\u671f\u5730\u7de3\u653f\u6cbb\u5347\u7d1a\u63a8\u52d5\u5e03\u862d\u7279\u539f\u6cb9\u50f9\u683c\u56de\u5347\u81f3\u6bcf\u687690\u7f8e\u5143\u9644\u8fd1\uff0c\u53ef\u80fd\u76f4\u63a5\u50b3\u5c0e\u81f3\u6838\u5fc3\u6d88\u8cbb\u7269\u50f9\u3002\u884d\u751f\u54c1\u4ea4\u6613\u54e1\u5fc5\u9808\u8a8d\u6e05\uff0c\u806f\u5132\u5c40\u6b63\u628a\u7d93\u6fdf\u589e\u9577\u7f6e\u65bc\u5148\u767c\u5236\u4eba\u58d3\u5236\u9019\u985e\u4f9b\u61c9\u9a45\u52d5\u901a\u8139\u4e4b\u4e0a\u3002<\/p>\n<p>\u7531\u65bc\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\uff0c\u77ed\u671fSOFR\uff08\u6709\u64d4\u4fdd\u9694\u591c\u878d\u8cc7\u5229\u7387\uff0cSecured Overnight Financing Rate\uff09\u671f\u8ca8\u5f88\u53ef\u80fd\u4f4e\u4f30\u4e86\u7a81\u7136\u8f49\u9df9\u7684\u98a8\u96aa\u3002\u6211\u5011\u5efa\u8b70\u900f\u904e2\u5e74\u81f35\u5e74\u671f\u5229\u7387\u6389\u671f\u90e8\u7f72\u6536\u76ca\u7387\u4e0a\u884c\uff0c\u6216\u8cb7\u5165\u50f9\u5916payer swaption\u3002\u904e\u5f80\u80fd\u6e90\u885d\u64ca\u7684\u6b77\u53f2\u6578\u64da\u986f\u793a\uff0c\u7576\u806f\u5132\u5c40\u5728\u4f9b\u61c9\u7aef\u58d3\u529b\u9762\u524d\u843d\u5f8c\u4e00\u6b65\uff0c\u6700\u7d42\u7684\u52a0\u606f\u4fee\u6b63\u5f80\u5f80\u9060\u8f03\u5e02\u5834\u9810\u671f\u66f4\u70ba\u6025\u5287\u3002<\/p>\n<h3>\u5e02\u5834\u90e8\u7f72\u8207\u6eef\u8139\u98a8\u96aa<\/h3>\n<p>\u901a\u8139\u640d\u76ca\u5e73\u8861\u7387\uff08breakeven\uff09\u76ee\u524d\u7684\u4ea4\u6613\u6c34\u5e73\uff0c\u76f8\u5c0d\u65bc\u5168\u7403\u80fd\u6e90\u8207\u8fb2\u7522\u54c1\u6210\u672c\u6301\u7e8c\u4e0a\u5347\u800c\u8a00\u504f\u4f4e\u3002\u884d\u751f\u54c1\u4ea4\u6613\u54e1\u53ef\u505a\u591a\u7f8e\u570b\u901a\u8139\u4fdd\u503c\u570b\u50b5\uff08TIPS\uff09\u671f\u6b0a\u6216CPI\uff08\u6d88\u8cbb\u7269\u50f9\u6307\u6578\uff09\u6389\u671f\uff0c\u4ee5\u6355\u6349CPI\u9810\u671f\u4e0a\u5347\u7684\u6536\u76ca\u3002\u6b64\u5916\uff0c\u5728\u4f9b\u61c9\u93c8\u4ecd\u7136\u7834\u88c2\u7684\u60c5\u6cc1\u4e0b\uff0c\u80fd\u6e90\u5546\u54c1\u8207\u5316\u80a5\u671f\u8ca8\u7684\u8a8d\u8cfc\u671f\u6b0a\u63d0\u4f9b\u4e86\u6975\u5177\u5438\u5f15\u529b\u7684\u975e\u5c0d\u7a31\u98a8\u96aa\u56de\u5831\u3002<\/p>\n<p>\u5728\u6eef\u8139\u98a8\u96aa\u6084\u7136\u4e0a\u5347\u4e4b\u969b\uff0c\u80a1\u5e02\u4ecd\u9ad8\u5ea6\u5bb9\u6613\u53d7\u5230\u4f01\u696d\u5229\u6f64\u7387\u88ab\u64e0\u58d3\u7684\u885d\u64ca\u3002\u6211\u5011\u5efa\u8b70\u5728\u6a19\u666e500\u8cb7\u5165\u9632\u5b88\u6027put spread\uff0c\u540c\u6642\u4e3b\u8981\u6307\u6578\u7684\u8de8\u5f0f\uff08straddle\uff09\u7b49\u9577\u6ce2\u52d5\u7b56\u7565\u4ea6\u5177\u5438\u5f15\u529b\u3002\u6b64\u985e\u90e8\u7f72\u53ef\u5728\u5de5\u8cc7\u2014\u7269\u50f9\u87ba\u65cb\u8feb\u4f7f\u6c83\u4ec0\u4e3b\u5e2d\u653e\u68c4\u89c0\u671b\u7b56\u7565\u6642\uff0c\u70ba\u6295\u8cc7\u7d44\u5408\u63d0\u4f9b\u4fdd\u8b77\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><b>\u7acb\u5373\u958b\u59cb\u4ea4\u6613 \u2014 \u9ede\u64ca<a href=\"https:\/\/www.vtmarkets.com\/zh\/trade-now\/\">\u6b64\u8655<\/a>\u958b\u8a2d\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236\u3002<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&#038;P put spread\u9632\u6eef\u8139\u3002<\/p>\n","protected":false},"author":87,"featured_media":50627,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&amp;P put spread\u9632\u6eef\u8139\u3002\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&amp;P put spread\u9632\u6eef\u8139\u3002\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-07-30T23:07:22+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-07-30T23:07:22+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&amp;P put spread\u9632\u6eef\u8139\u3002\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#blogposting\",\"name\":\"\\u6c83\\u4ec0\\uff1a\\u806f\\u5132\\u5c40\\u66ab\\u505c\\u52a0\\u606f\\u98a8\\u96aa\\u88ab\\u5e02\\u5834\\u932f\\u8aa4\\u5b9a\\u50f9 \\u4f0a\\u6717\\u4f9b\\u61c9\\u885d\\u64ca\\u63a8\\u9ad8\\u6cb9\\u50f9 \\u6eef\\u8139\\u6182\\u616e\\u5347\\u6eab - VT Markets\",\"headline\":\"\\u6c83\\u4ec0\\uff1a\\u806f\\u5132\\u5c40\\u66ab\\u505c\\u52a0\\u606f\\u98a8\\u96aa\\u88ab\\u5e02\\u5834\\u932f\\u8aa4\\u5b9a\\u50f9\\u3000\\u4f0a\\u6717\\u4f9b\\u61c9\\u885d\\u64ca\\u63a8\\u9ad8\\u6cb9\\u50f9\\u3000\\u6eef\\u8139\\u6182\\u616e\\u5347\\u6eab\",\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/author\\\/josephine\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/wp-content\\\/uploads\\\/sites\\\/12\\\/2026\\\/06\\\/policy3.png\",\"width\":1408,\"height\":768,\"caption\":\"Policy document with a pen poised to sign, lit in purple and blue hues in a moody studio setting.\"},\"datePublished\":\"2026-07-30T23:07:22+00:00\",\"dateModified\":\"2026-07-30T23:07:22+00:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#webpage\"},\"articleSection\":\"Live Updates\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/category\\\/live-updates\\\/#listItem\",\"name\":\"Live Updates\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/category\\\/live-updates\\\/#listItem\",\"position\":2,\"name\":\"Live Updates\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/category\\\/live-updates\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#listItem\",\"name\":\"\\u6c83\\u4ec0\\uff1a\\u806f\\u5132\\u5c40\\u66ab\\u505c\\u52a0\\u606f\\u98a8\\u96aa\\u88ab\\u5e02\\u5834\\u932f\\u8aa4\\u5b9a\\u50f9\\u3000\\u4f0a\\u6717\\u4f9b\\u61c9\\u885d\\u64ca\\u63a8\\u9ad8\\u6cb9\\u50f9\\u3000\\u6eef\\u8139\\u6182\\u616e\\u5347\\u6eab\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#listItem\",\"position\":3,\"name\":\"\\u6c83\\u4ec0\\uff1a\\u806f\\u5132\\u5c40\\u66ab\\u505c\\u52a0\\u606f\\u98a8\\u96aa\\u88ab\\u5e02\\u5834\\u932f\\u8aa4\\u5b9a\\u50f9\\u3000\\u4f0a\\u6717\\u4f9b\\u61c9\\u885d\\u64ca\\u63a8\\u9ad8\\u6cb9\\u50f9\\u3000\\u6eef\\u8139\\u6182\\u616e\\u5347\\u6eab\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/category\\\/live-updates\\\/#listItem\",\"name\":\"Live Updates\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/#organization\",\"name\":\"VT Markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/\",\"name\":\"\\u6c83\\u4ec0\\uff1a\\u806f\\u5132\\u5c40\\u66ab\\u505c\\u52a0\\u606f\\u98a8\\u96aa\\u88ab\\u5e02\\u5834\\u932f\\u8aa4\\u5b9a\\u50f9 \\u4f0a\\u6717\\u4f9b\\u61c9\\u885d\\u64ca\\u63a8\\u9ad8\\u6cb9\\u50f9 \\u6eef\\u8139\\u6182\\u616e\\u5347\\u6eab - VT Markets\",\"description\":\"\\u4f0a\\u6717\\u6230\\u4e8b\\u5f15\\u767c\\u4f9b\\u61c9\\u885d\\u64ca\\u63a8\\u9ad8\\u6cb9\\u50f9\\uff0c\\u806f\\u5132\\u5c40\\u66ab\\u505c\\u52a0\\u606f\\u6050\\u843d\\u5f8c\\u901a\\u8139\\uff1aSOFR\\u671f\\u8ca8\\u6216\\u4f4e\\u4f30\\u6025\\u8f49\\u9df9\\uff1b\\u5b9c\\u4ee52-5\\u5e74\\u6389\\u671f\\u3001payer swaption\\u3001TIPS\\\/CPI\\u6389\\u671f\\u53caS&P put spread\\u9632\\u6eef\\u8139\\u3002\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/author\\\/josephine\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/wp-content\\\/uploads\\\/sites\\\/12\\\/2026\\\/06\\\/policy3.png\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#mainImage\",\"width\":1408,\"height\":768,\"caption\":\"Policy document with a pen poised to sign, lit in purple and blue hues in a moody studio setting.\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/live-updates\\\/52738\\\/#mainImage\"},\"datePublished\":\"2026-07-30T23:07:22+00:00\",\"dateModified\":\"2026-07-30T23:07:22+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/zh\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<script type=\"text\/javascript\">\n\t\t\t(function(c,l,a,r,i,t,y){\n\t\t\tc[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)};t=l.createElement(r);t.async=1;\n\t\t\tt.src=\"https:\/\/www.clarity.ms\/tag\/\"+i+\"?ref=aioseo\";y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y);\n\t\t})(window, document, \"clarity\", \"script\", \"hve3hepmc7\");\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets","description":"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&P put spread\u9632\u6eef\u8139\u3002","canonical_url":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#blogposting","name":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets","headline":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9\u3000\u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\u3000\u6eef\u8139\u6182\u616e\u5347\u6eab","author":{"@id":"https:\/\/www.vtmarkets.com\/zh\/author\/josephine\/#author"},"publisher":{"@id":"https:\/\/www.vtmarkets.com\/zh\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/zh\/wp-content\/uploads\/sites\/12\/2026\/06\/policy3.png","width":1408,"height":768,"caption":"Policy document with a pen poised to sign, lit in purple and blue hues in a moody studio setting."},"datePublished":"2026-07-30T23:07:22+00:00","dateModified":"2026-07-30T23:07:22+00:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#webpage"},"isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#webpage"},"articleSection":"Live Updates"},{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/zh","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh\/category\/live-updates\/#listItem","name":"Live Updates"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh\/category\/live-updates\/#listItem","position":2,"name":"Live Updates","item":"https:\/\/www.vtmarkets.com\/zh\/category\/live-updates\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#listItem","name":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9\u3000\u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\u3000\u6eef\u8139\u6182\u616e\u5347\u6eab"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#listItem","position":3,"name":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9\u3000\u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\u3000\u6eef\u8139\u6182\u616e\u5347\u6eab","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/zh\/category\/live-updates\/#listItem","name":"Live Updates"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/zh\/#organization","name":"VT Markets","url":"https:\/\/www.vtmarkets.com\/zh\/"},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/zh\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/zh\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#webpage","url":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/","name":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets","description":"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&P put spread\u9632\u6eef\u8139\u3002","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/zh\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/zh\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/zh\/author\/josephine\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/www.vtmarkets.com\/zh\/wp-content\/uploads\/sites\/12\/2026\/06\/policy3.png","@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#mainImage","width":1408,"height":768,"caption":"Policy document with a pen poised to sign, lit in purple and blue hues in a moody studio setting."},"primaryImageOfPage":{"@id":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/#mainImage"},"datePublished":"2026-07-30T23:07:22+00:00","dateModified":"2026-07-30T23:07:22+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/zh\/#website","url":"https:\/\/www.vtmarkets.com\/zh\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/zh\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets","og:description":"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&amp;P put spread\u9632\u6eef\u8139\u3002","og:url":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/","article:published_time":"2026-07-30T23:07:22+00:00","article:modified_time":"2026-07-30T23:07:22+00:00","twitter:card":"summary_large_image","twitter:title":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9 \u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9 \u6eef\u8139\u6182\u616e\u5347\u6eab - VT Markets","twitter:description":"\u4f0a\u6717\u6230\u4e8b\u5f15\u767c\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\uff0c\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u6050\u843d\u5f8c\u901a\u8139\uff1aSOFR\u671f\u8ca8\u6216\u4f4e\u4f30\u6025\u8f49\u9df9\uff1b\u5b9c\u4ee52-5\u5e74\u6389\u671f\u3001payer swaption\u3001TIPS\/CPI\u6389\u671f\u53caS&amp;P put spread\u9632\u6eef\u8139\u3002"},"aioseo_meta_data":{"post_id":"52738","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"seo_analyzer_scan_date":"2026-07-30 23:08:41","breadcrumb_settings":null,"limit_modified_date":false,"open_ai":null,"ai":null,"created":"2026-07-30 23:07:22","updated":"2026-07-31 02:22:38"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/zh\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/zh\/category\/live-updates\/\" title=\"Live Updates\">Live Updates<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9\u3000\u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\u3000\u6eef\u8139\u6182\u616e\u5347\u6eab\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/zh"},{"label":"Live Updates","link":"https:\/\/www.vtmarkets.com\/zh\/category\/live-updates\/"},{"label":"\u6c83\u4ec0\uff1a\u806f\u5132\u5c40\u66ab\u505c\u52a0\u606f\u98a8\u96aa\u88ab\u5e02\u5834\u932f\u8aa4\u5b9a\u50f9\u3000\u4f0a\u6717\u4f9b\u61c9\u885d\u64ca\u63a8\u9ad8\u6cb9\u50f9\u3000\u6eef\u8139\u6182\u616e\u5347\u6eab","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/52738\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/52738","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=52738"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/52738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media\/50627"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=52738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=52738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=52738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}