<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/London-aerial-view.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/London-aerial-view.png"/></p>
<p>富时 100 指数连续四天下跌，因为英国政府债券收益率飙升，并且汇丰发布了疲弱的财报。周二该指数下跌至 10,225 英镑，较年初至今的高点 10,935 英镑大幅下滑。</p>
<h2>英国黄金收益率飙升</h2>
<p>富时 100 指数回落的一个关键原因是，英国债券收益率（通常称为国债）处于强劲的上升趋势。数据显示，十年期收益率上升至 5.10%，为今年 3 月以来的最高点。值得注意的是，30 年期收益率上升至 5.80%，为 30 多年来的最高点。</p>
<p>在通货膨胀飙升的担忧中，英国债券收益率正在上升，这导致英格兰银行考虑在下次会议上加息。</p>
<p>考虑到经济大体处于滞涨期（特征是通货膨胀上升和经济增长缓慢），这将是一次艰难的加息。此外，这将大幅提高英国政府债务的融资成本。</p>
<p>当政府债券收益率上升时，股市往往表现不佳。在大多数情况下，投资者通常认为在债券市场投资于更高收益是安全的。</p>
<p>需要明确的是：长期政府债券收益率在过去几周急剧上升，美国的收益率首次舒适地超过 5% 的基准。</p>
<h2>汇丰盈利拖累英国股票</h2>
<p>富时 100 指数也因汇丰股价持续下跌而下滑，此前汇丰发布了疲弱的财务结果。其股价暴跌 6%，成为该指数中表现最差的股票之一。这一崩盘拖累了其他英国银行，即使是那些发布强劲业绩的银行，如劳埃德银行、渣打银行和国民西敏银行。</p>
<p>在报告中，该公司表示，由于与几个月前倒闭的英国顶级公司 Market Financial Solutions 相关，遭受了 4 亿美元的损失。投资者现在正在审查其在蓬勃发展的私人信贷领域的风险敞口。该公司在声明中表示，其在该行业的风险敞口为 1110 亿美元。</p>
<p>汇丰报告的税前利润为 94 亿美元，低于分析师预期的 95.9 亿美元。</p>
<p>展望未来，富时 100 指数将对史密斯与内夫、Flutter Entertainment、JD Sports、可口可乐、洲际酒店和国际航空集团等公司的财报作出反应。</p>
<h2>富时 100 指数技术分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/FTSE-100.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/FTSE-100.png"/></p>
<p><em>富时 100 指数图表 | 来源：TradingView</em></p>
<p>日线图显示，富时 100 指数在过去几周回落，从 4 月的高点 10,716 英镑下跌至今天的 10,210 英镑。</p>
<p>仔细观察显示，它形成了一个类似双顶的形态，其颈线位于 9,670 英镑，即 3 月 23 日的最低水平。</p>
<p>该指数已经跌破 50 日指数移动平均线，表明空头正在获得动能。相对强弱指数（RSI）持续下跌，目前徘徊在中性水平以下。</p>
<p>因此，考虑到中东危机持续，该指数在短期内可能会继续下跌。如果发生这种情况，下一个关键关注水平将是 9,500 英镑。另一方面，若突破 10,500 英镑的阻力位，将会使看涨前景失效。</p>
<p>富时 100 指数因英国债券收益率飙升和汇丰盈利不及预期而下滑的文章首次出现在 Invezz 上。</p>

汇丰

汇丰控股有限公司

汇丰控股

XUKS

RUKL

HSBH

VUKE

<p>FTSE 100 指数连续四天下跌，降至 £10,225，原因是英国债券收益率飙升以及汇丰银行的财报令人失望。十年期债券收益率达到 5.10%，而三十年期收益率则达到 5.80%，引发了对英国经济和潜在加息的担忧。汇丰银行的股票在报告税前利润为 94 亿美元，低于预期，并且因一家倒闭公司造成 4 亿美元的损失后下跌了 6%。该指数可能会继续下跌，关键支撑位在 £9,500，阻力位在 £10,500</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/London-aerial-view.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/London-aerial-view.png"/></p>
<p>The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935.</p>
<div class="lb-trans"><p>富时 100 指数连续四天下跌，因为英国政府债券收益率飙升，并且汇丰发布了疲弱的财报。周二该指数下跌至 10,225 英镑，较年初至今的高点 10,935 英镑大幅下滑。</p>
</div><h2>Soaring UK Gold yields</h2>
<div class="lb-trans"><h2>英国黄金收益率飙升</h2>
</div><p>A key reason why the FTSE 100 Index pulled back is that UK bond yields, commonly known as Gilts, are in a strong uptrend. Data shows that the ten-year yield rose to 5.10%, its highest point since March this year. Most notably, the 30-Year yield rose to 5.80%, its highest point in over 30 years.</p>
<div class="lb-trans"><p>富时 100 指数回落的一个关键原因是，英国债券收益率（通常称为国债）处于强劲的上升趋势。数据显示，十年期收益率上升至 5.10%，为今年 3 月以来的最高点。值得注意的是，30 年期收益率上升至 5.80%，为 30 多年来的最高点。</p>
</div><p>UK bond yields are rising amid concerns about the British economy as inflation surges, leading the Bank of England to consider hiking interest rates in the next meeting.</p>
<div class="lb-trans"><p>在通货膨胀飙升的担忧中，英国债券收益率正在上升，这导致英格兰银行考虑在下次会议上加息。</p>
</div><p>This will be a tough rate hike considering that the economy is largely in a stagflation period, which is characterized by rising inflation and slow economic growth. Also, it will dramatically boost the cost of financing the UK government debt.</p>
<div class="lb-trans"><p>考虑到经济大体处于滞涨期（特征是通货膨胀上升和经济增长缓慢），这将是一次艰难的加息。此外，这将大幅提高英国政府债务的融资成本。</p>
</div><p>The stock market tends to underperform when government bond yields are rising. In most cases, investors normally argue that it is safe to invest in the higher yield in the bond market.</p>
<div class="lb-trans"><p>当政府债券收益率上升时，股市往往表现不佳。在大多数情况下，投资者通常认为在债券市场投资于更高收益是安全的。</p>
</div><p>To be clear: long-term government bond yields have jumped sharply in the past few weeks, with the US one moving comfortably above the 5% gauge for the first time in months.</p>
<div class="lb-trans"><p>需要明确的是：长期政府债券收益率在过去几周急剧上升，美国的收益率首次舒适地超过 5% 的基准。</p>
</div><h2>HSBC earnings dragged UK stocks</h2>
<div class="lb-trans"><h2>汇丰盈利拖累英国股票</h2>
</div><p>The FTSE 100 Index also dropped because of the ongoing HSBC share price plunge after it published weak financial results. Its stock plunged by 6%, making it one of the worst performers in the index. This crash dragged the other UK banks, even those that released strong results like Lloyds, Standard Chartered, and NatWest.</p>
<div class="lb-trans"><p>富时 100 指数也因汇丰股价持续下跌而下滑，此前汇丰发布了疲弱的财务结果。其股价暴跌 6%，成为该指数中表现最差的股票之一。这一崩盘拖累了其他英国银行，即使是那些发布强劲业绩的银行，如劳埃德银行、渣打银行和国民西敏银行。</p>
</div><p>In its report, the company said that it suffered a $400 million loss linked to Market Financial Solutions, a top UK company that collapsed a few months ago. Investors are now examining its exposure to the booming private credit sector. In a statement, it said that it has a $111 billion exposure to the industry.</p>
<div class="lb-trans"><p>在报告中，该公司表示，由于与几个月前倒闭的英国顶级公司 Market Financial Solutions 相关，遭受了 4 亿美元的损失。投资者现在正在审查其在蓬勃发展的私人信贷领域的风险敞口。该公司在声明中表示，其在该行业的风险敞口为 1110 亿美元。</p>
</div><p>HSBC reported a pre-tax profit of $9.4 billion, lower than the $9.59 billion that analysts were expecting.</p>
<div class="lb-trans"><p>汇丰报告的税前利润为 94 亿美元，低于分析师预期的 95.9 亿美元。</p>
</div><p>Looking ahead, the FTSE 100 Index will react to earnings from companies like Smith &amp; Nephew. Flutter Entertainment, JD Sports, Coca-Cola, InterContinental Hotels, and IAG Group.</p>
<div class="lb-trans"><p>展望未来，富时 100 指数将对史密斯与内夫、Flutter Entertainment、JD Sports、可口可乐、洲际酒店和国际航空集团等公司的财报作出反应。</p>
</div><h2>FTSE 100 Index technical analysis</h2>
<div class="lb-trans"><h2>富时 100 指数技术分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/FTSE-100.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/05/FTSE-100.png"/></p>
<p><em>FTSE 100 Index chart | Source: TradingView</em></p>
<div class="lb-trans"><p><em>富时 100 指数图表 | 来源：TradingView</em></p>
</div><p>The daily timeframe chart shows that the FTSE 100 Index has pulled back in the past few weeks, moving from a high of £10,716 in April to £10,210 today.</p>
<div class="lb-trans"><p>日线图显示，富时 100 指数在过去几周回落，从 4 月的高点 10,716 英镑下跌至今天的 10,210 英镑。</p>
</div><p>A closer look shows that it has formed a double-top-like pattern whose neckline is at £9,670, its lowest level on March 23rd.</p>
<div class="lb-trans"><p>仔细观察显示，它形成了一个类似双顶的形态，其颈线位于 9,670 英镑，即 3 月 23 日的最低水平。</p>
</div><p>The index has already crashed below the 50-day Exponential Moving Average, a sign that bears are gaining momentum. The Relative Strength Index (RSI) has continued falling and is now hovering below the neutral level.</p>
<div class="lb-trans"><p>该指数已经跌破 50 日指数移动平均线，表明空头正在获得动能。相对强弱指数（RSI）持续下跌，目前徘徊在中性水平以下。</p>
</div><p>Therefore, the index will likely continue falling in the near term as the crisis in the Middle East continues. If this happens, the next key level to watch will be at £9,500. On the other hand, a move above the resistance at £10,500 will invalidate the bullish outlook.</p>
<div class="lb-trans"><p>因此，考虑到中东危机持续，该指数在短期内可能会继续下跌。如果发生这种情况，下一个关键关注水平将是 9,500 英镑。另一方面，若突破 10,500 英镑的阻力位，将会使看涨前景失效。</p>
</div><p>The post FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss appeared first on Invezz</p>
<div class="lb-trans"><p>富时 100 指数因英国债券收益率飙升和汇丰盈利不及预期而下滑的文章首次出现在 Invezz 上。</p>
</div>

FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss

- 英国富时 100 指数连跌四天，因债券收益率攀升及汇丰财报疲软。  
- 债券收益率上升至 5.10%，引发市场对英国经济的担忧。  
- 汇丰报告显示前税利润低于预期，导致股价暴跌，影响其他银行股表现。

由于英国债券收益率飙升以及汇丰控股业绩未达预期，富时 100 指数下滑