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<p>全球债券市场在周五结束了一周的波动，面临压力，因为投资者对伊朗战争可能开始造成更广泛的经济损害感到日益担忧。</p>
<p>主要经济体的政府债券收益率大幅攀升，因为交易员们越来越多地考虑到中央银行可能需要比之前预期更快地提高利率的可能性。</p>
<p>日益增长的担忧源于与冲突后能源价格飙升相关的通胀压力。</p>
<p>基准美国国债收益率上升至近一年来的最高水平，反映出市场预期美联储可能被迫进一步收紧货币政策，以遏制因油价上涨而引发的通胀。</p>
<h2>随着通胀担忧加深，国债收益率攀升</h2>
<p>基准 10 年期国债的最新收益率为 4.53%，当天上涨 7.3 个基点，徘徊在自去年 6 月以来的最高水平。</p>
<p>债券的抛售并不仅限于美国。</p>
<p>欧洲政府债券在周五早盘交易时也面临巨大压力。</p>
<p>意大利 10 年期收益率飙升近 9 个基点，达到约 3.87%，使得本周总涨幅接近 14 个基点。</p>
<p>德国基准 Bund 收益率上涨近 6 个基点，达到约 3.11%。</p>
<p>法国政府债券也受到压力，而日本债券收益率在交易期间创下历史新高。</p>
<p>在最近的通胀数据表明消费者和企业开始因冲突而经历显著价格上涨后，市场的担忧加剧。</p>
<p>自战争开始以来，原油价格上涨超过 50%，加剧了对长期通胀冲击的担忧。</p>
<h2>短期收益率对利率预期反应剧烈</h2>
<p>对利率和通胀预期变化高度敏感的两年期政府债券收益率本周出现了一些最剧烈的上涨。</p>
<p>然而，投资者也开始抛售长期债券，表明对能源价格上涨可能对经济造成长期影响的担忧加剧。</p>
<p>长期收益率的上升表明市场不仅对通胀感到担忧，还对经济增长放缓和政府借款需求上升感到担忧。</p>
<p>这指的是一种市场情况，即长期政府债券的收益率上升速度快于短期债务的收益率。</p>
<p>这种走势通常反映了投资者对持续通胀、更大财政赤字和更高长期借款成本的预期。</p>
<h2>英国国债在政治不确定性中保持波动</h2>
<p>在英国，国债收益率在整个星期内保持高度波动。</p>
<p>由于工党在地方选举中遭遇重大失利，政治不确定性加剧，英国政府债券收益率攀升至数十年来的最高水平。</p>
<p>据报道，首相基尔·斯塔默面临辞职的压力，而潜在的领导挑战者也浮出水面，为金融市场增添了另一层不确定性。</p>
<p>地缘政治紧张局势、通胀压力上升和政治不稳定的结合，使全球债券投资者面临最近几个月最动荡的交易周之一。</p>
<p>这篇文章的标题为《全球债券因通胀担忧加剧而下滑》，最早出现在 Invezz 上。</p>

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美国债券综合指数 ETF - iShares

组合中期公司债券 ETF - SPDR

<p>全球债券市场面临重大压力，因为由于伊朗战争的经济影响，通胀担忧加剧。主要经济体的政府债券收益率飙升，美国国债收益率达到了年度最高水平。能源价格上涨和潜在的中央银行加息担忧加剧了抛售。由于政治不确定性，英国国债收益率也上涨，反映出全球债券投资者经历了动荡的一周</p>

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<p>The global bond market ended a volatile week under pressure on Friday, as investors reacted to mounting concerns that the Iran war is beginning to inflict broader economic damage.</p>
<div class="lb-trans"><p>全球债券市场在周五结束了一周的波动，面临压力，因为投资者对伊朗战争可能开始造成更广泛的经济损害感到日益担忧。</p>
</div><p>Government bond yields climbed sharply across major economies as traders increasingly priced in the possibility that central banks may need to raise interest rates faster than previously expected.</p>
<div class="lb-trans"><p>主要经济体的政府债券收益率大幅攀升，因为交易员们越来越多地考虑到中央银行可能需要比之前预期更快地提高利率的可能性。</p>
</div><p>The growing concerns stem from inflationary pressures linked to surging energy prices following the conflict.</p>
<div class="lb-trans"><p>日益增长的担忧源于与冲突后能源价格飙升相关的通胀压力。</p>
</div><p>Benchmark US Treasury yields rose to their highest levels in around a year, reflecting expectations that the Federal Reserve may be forced to tighten monetary policy further to contain inflation driven by higher oil prices.</p>
<div class="lb-trans"><p>基准美国国债收益率上升至近一年来的最高水平，反映出市场预期美联储可能被迫进一步收紧货币政策，以遏制因油价上涨而引发的通胀。</p>
</div><h2>Treasury yields climb as inflation worries deepen</h2>
<div class="lb-trans"><h2>随着通胀担忧加深，国债收益率攀升</h2>
</div><p>Benchmark 10-year Treasury notes were last yielding 4.53%, up 7.3 basis points on the day and hovering around their highest level since last June.</p>
<div class="lb-trans"><p>基准 10 年期国债的最新收益率为 4.53%，当天上涨 7.3 个基点，徘徊在自去年 6 月以来的最高水平。</p>
</div><p>The selloff in bonds was not limited to the United States.</p>
<div class="lb-trans"><p>债券的抛售并不仅限于美国。</p>
</div><p>European government bonds also faced heavy pressure during early trading hours on Friday.</p>
<div class="lb-trans"><p>欧洲政府债券在周五早盘交易时也面临巨大压力。</p>
</div><p>Italian 10-year yields surged nearly 9 basis points to around 3.87%, bringing the total weekly increase to nearly 14 basis points.</p>
<div class="lb-trans"><p>意大利 10 年期收益率飙升近 9 个基点，达到约 3.87%，使得本周总涨幅接近 14 个基点。</p>
</div><p>Germany’s benchmark Bund yields climbed almost 6 basis points to around 3.11%.</p>
<div class="lb-trans"><p>德国基准 Bund 收益率上涨近 6 个基点，达到约 3.11%。</p>
</div><p>French government bonds also came under pressure, while Japanese bond yields reached record highs during the session.</p>
<div class="lb-trans"><p>法国政府债券也受到压力，而日本债券收益率在交易期间创下历史新高。</p>
</div><p>Markets have become increasingly concerned after recent inflation data showed consumers and businesses are beginning to experience significant price increases as a result of the conflict.</p>
<div class="lb-trans"><p>在最近的通胀数据表明消费者和企业开始因冲突而经历显著价格上涨后，市场的担忧加剧。</p>
</div><p>Crude oil prices have risen by more than 50% since the start of the war, intensifying fears of a prolonged inflation shock.</p>
<div class="lb-trans"><p>自战争开始以来，原油价格上涨超过 50%，加剧了对长期通胀冲击的担忧。</p>
</div><h2>Short-term yields react sharply to rate expectations</h2>
<div class="lb-trans"><h2>短期收益率对利率预期反应剧烈</h2>
</div><p>Two-year government bond yields, which are highly sensitive to changes in interest rate and inflation expectations, have posted some of the sharpest increases this week.</p>
<div class="lb-trans"><p>对利率和通胀预期变化高度敏感的两年期政府债券收益率本周出现了一些最剧烈的上涨。</p>
</div><p>However, investors have also started selling longer-dated bonds, indicating growing concern that the economic impact from higher energy prices could persist over a longer period.</p>
<div class="lb-trans"><p>然而，投资者也开始抛售长期债券，表明对能源价格上涨可能对经济造成长期影响的担忧加剧。</p>
</div><p>The move higher in long-term yields suggests markets are increasingly worried not only about inflation but also about weaker economic growth and rising government borrowing needs.</p>
<div class="lb-trans"><p>长期收益率的上升表明市场不仅对通胀感到担忧，还对经济增长放缓和政府借款需求上升感到担忧。</p>
</div><p>This refers to a market situation where yields on longer-dated government bonds rise faster than those on shorter-term debt.</p>
<div class="lb-trans"><p>这指的是一种市场情况，即长期政府债券的收益率上升速度快于短期债务的收益率。</p>
</div><p>Such a move typically reflects investor expectations of sustained inflation, larger fiscal deficits, and higher long-term borrowing costs.</p>
<div class="lb-trans"><p>这种走势通常反映了投资者对持续通胀、更大财政赤字和更高长期借款成本的预期。</p>
</div><h2>UK gilts remain volatile amid political uncertainty</h2>
<div class="lb-trans"><h2>英国国债在政治不确定性中保持波动</h2>
</div><p>In the United Kingdom, gilt yields remained highly volatile throughout the week.</p>
<div class="lb-trans"><p>在英国，国债收益率在整个星期内保持高度波动。</p>
</div><p>British government bond yields climbed to their highest levels in decades as political uncertainty intensified following significant Labour party losses in local elections.</p>
<div class="lb-trans"><p>由于工党在地方选举中遭遇重大失利，政治不确定性加剧，英国政府债券收益率攀升至数十年来的最高水平。</p>
</div><p>Pressure has reportedly been building on Prime Minister Keir Starmer to resign, while potential leadership challengers have also emerged, adding another layer of uncertainty for financial markets.</p>
<div class="lb-trans"><p>据报道，首相基尔·斯塔默面临辞职的压力，而潜在的领导挑战者也浮出水面，为金融市场增添了另一层不确定性。</p>
</div><p>The combination of geopolitical tensions, rising inflation pressures, and political instability has left global bond investors facing one of the most turbulent trading weeks in recent months.</p>
<div class="lb-trans"><p>地缘政治紧张局势、通胀压力上升和政治不稳定的结合，使全球债券投资者面临最近几个月最动荡的交易周之一。</p>
</div><p>The post Global bonds slide as inflation fears intensify appeared first on Invezz</p>
<div class="lb-trans"><p>这篇文章的标题为《全球债券因通胀担忧加剧而下滑》，最早出现在 Invezz 上。</p>
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随着通胀担忧加剧，全球债券市场出现下滑