---
title: "债券市场的动荡使得收益率升至数十年来的高位"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/287038133.md"
description: "债券市场动荡导致收益率达到数十年来的最高水平，30 年期国债收益率达到了自大萧条前以来的最高水平，而日本的长期债券收益率也创下历史新高。资深投资者乔治·诺布尔（George Noble）建议避免长期债券，倾向于能源和黄金矿业股票，而其他人则看好短期债券基金的潜力。市场参与者正密切关注新任美联储主席凯文·沃什（Kevin Warsh）即将召开的会议，因为通胀和地缘政治紧张局势影响着降息预期"
datetime: "2026-05-20T09:25:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287038133.md)
  - [en](https://longbridge.com/en/news/287038133.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287038133.md)
---

# 债券市场的动荡使得收益率升至数十年来的高位

Yields hit records: The 30-year Treasury yield reached its highest level since before the Great Recession, while Japan’s long bond yields hit all-time highs. Investor strategies diverge: Veteran investor George Noble urges avoiding long-dated bonds in favor of energy and gold miners, while others see opportunity in short-term bond funds. Fed policy uncertainty: Markets are watching new Fed Chair Kevin Warsh’s first meeting in June, with inflation and geopolitical tensions complicating rate cut prospects.

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