---
title: "商品超級週期的預期與收益率上升相遇，市場正在權衡風險"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286632292.md"
description: "傑夫·庫裏預測，由於供應瓶頸、去全球化和基礎設施支出，將出現新的商品超級週期。伊朗衝突擾亂了石油流動，導致價格上漲和通脹風險增加，而中央銀行則在增長和價格穩定之間進行權衡。投資者正在調整投資組合，債券 ETF 的資金流入創下紀錄，重點關注企業信用，儘管收益率持續高企"
datetime: "2026-05-16T04:01:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286632292.md)
  - [en](https://longbridge.com/en/news/286632292.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286632292.md)
---

# 商品超級週期的預期與收益率上升相遇，市場正在權衡風險

Commodity rally forecast: Jeff Currie predicts a new commodity supercycle, citing supply bottlenecks, deglobalization, and infrastructure spending as key drivers. Geopolitics and inflation: The Iran conflict has disrupted oil flows, raising prices and inflation risks, while central banks face pressure between growth and price stability. Investor portfolio shifts: Record inflows into bond ETFs show investors hedging against volatility, with a focus on corporate credit amid higher-for-longer yields.

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