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道明証券:米連邦準備制度の政策正常化が来年の世界的な金利の重要な推進要因となる

2025-11-17 21:29:47

据金十报道,道明证券利率策略师在报告中表示,进入 2026 年,美联储的政策正常化将成为全球利率领域的关键驱动。

策略师指出,市场对美联储长期利率的预期仍 "顽固地" 保持在较高水平,但随着美联储在降息周期中持续推进,市场最终将下调对长期联邦基金利率的预期。由于全球利率与美国利率之间的联动性仍 "非常强",美国收益率的下降将有助于抑制其他地区长期借贷成本的上升。

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