---
title: "美國期貨指向上漲，國債保持穩定，全球債券拋售暫時停止"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/287033904.md"
description: "美國股指期貨小幅上漲，因為全球債券收益率在近期拋售後趨於穩定。由於美國與伊朗的衝突，投資者對通脹表示擔憂，國債收益率接近多年高點。英偉達即將公佈財報，這將影響科技股。亞洲市場大多下跌，債券收益率上升，而歐洲指數則表現不一。美元在美聯儲會議紀要發佈前波動，國債收益率小幅回落。比特幣小幅上漲，但仍低於 80,000 美元"
datetime: "2026-05-20T08:50:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287033904.md)
  - [en](https://longbridge.com/en/news/287033904.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287033904.md)
---

# 美國期貨指向上漲，國債保持穩定，全球債券拋售暫時停止

By Dow Jones Newswires Staff

U.S. stock futures edged higher and global bond yields steadied as markets took a breath after a sharp selloff in government debt that saw stocks wilt in the U.S. and Asia.

Yields on government bonds held near multiyear highs as investors increasingly worry about the long-term inflationary impact of the U.S.-Iran war. Brent crude oil remained above $110 a barrel, even after President Trump said the Iran war was going to end "very quickly".

Treasury yields were slightly lower as investors await the release of minutes from the Federal Reserve's April meeting, the last to be chaired by Jerome Powell. Markets increasingly expect the central bank to raise rates later this year.

Nvidia--the world's most valuable company--reports first-quarter earnings after market close Wednesday, with investors watching the artificial-intelligence barometer for an indication of the broader tech industry's health.

\--In early European trading, Brent crude was down 1% to $110.15 a barrel, while WTI futures slipped 1.1% to $103.30 a barrel. Trump said Tuesday that he called off a planned attack against Iran but that the U.S. might have to give Tehran "another big hit" if a deal wasn't reached. Meanwhile, the U.S. seized an Iran-linked oil tanker in the Indian Ocean. Falling U.S. crude inventories and persistent geopolitical uncertainty continue to support prices above $100 a barrel, analysts at MUFG said. However, rising global bond yields and concerns about weaker economic growth are limiting further upside momentum.

\--In the U.S., futures pointed to gains at the open as stocks look to put a stop to three straight days of losses. Futures for the S&P 500 were up 0.15%, while the Dow Jones Industrial Average was flat. The tech-heavy Nasdaq gained 0.4% premarket.

Nvidia shares rose 1.3% premarket ahead of the chip maker's earnings after the closing bell.

\--Asian equity markets mostly fell Wednesday as investors worried over rising global government bond yields amid growing inflation fears. South Korea's Kospi fell for the second consecutive session, closing 0.9% lower. Chip maker Samsung Electronics closed 0.2% higher, reversing earlier losses after talks with a union to avert a strike failed. Japan's Nikkei Stock Average closed 1.2% lower, dragged by technology and electronics stocks. China's Shanghai Composite ended 0.2% lower, while Australia's S&P/ASX 200 finished down 1.3%. Hong Kong's Hang Seng Index was last 0.5% lower. Singapore's Straits Times Index dropped 0.6%, giving up gains from the previous day when it touched a record high.

\--Europe's blue-chip indexes were mixed in early trade. The Europe-wide Stoxx 600 traded flat, as technology and energy companies gained. The technology-heavy Dutch AEX rose 0.7%. Gains for semiconductor hardware companies--including ASML, up 2.2%--counter losses in software, as the technology sector bifurcated. The French CAC 40 edged 0.1% higher as Euronext gained 6.4% after posting first-quarter earnings, though luxury stocks slipped. Germany's DAX fell 0.15% as SAP lost 2.6% after sharp gains Tuesday, but industrials helped cushion the index's losses. The Italian FTSE MIB and Spanish IBEX 35 were flat. London's FTSE 100 was 0.4% lower as software companies Experian and Relx fell 4.1% and 3%, respectively.

\--The dollar struggled for direction amid uncertainty over the Iran war and ahead of the publication of Fed meeting minutes. The Fed's meeting minutes will be released at 1800 GMT. The DXY dollar index rose 0.1% to 99.383.

\--Treasury yields edged lower after yet another selloff on Tuesday. Traders will watch the latest release of Fed meeting minutes. "We will look out for forward guidance on the balance-sheet operations, which we did not receive during the meeting itself," Danske Bank's Kristoffer Kjaer Lomholt said in a note. The two-year Treasury yield fell 1 basis point to 4.111% and the 10-year Treasury yield edges 0.6 basis point lower to 4.662%, according to Tradeweb.

\--Eurozone government bond yields edged lower in early trade, tracking Treasurys as bond markets move to a calmer trading pattern after global selloffs earlier this week. "It is hard to shake off the bearish dynamic without a solution in the Middle East," ING's Benjamin Schroeder said in a note. Bond supply in the eurozone comes only from Germany, which auctions 5 billion euros in February 2036-dated Bunds. The 10-year Bund yield fell 0.9 basis point to 3.176%, albeit staying close to a 15-year high of 3.200% hit on Tuesday.

Yields on U.K. government bonds fell after below-forecast inflation for April calmed fears about the possibility of aggressive Bank of England interest-rate rises in the coming months. Ten-year gilt yields fall 4.6 basis points to last trade at 5.075%.

\--Bitcoin edges higher but remained below the key $80,000 level, rising 0.5% to $77,311.

\--Gold prices extended the previous session's losses on a firmer dollar. In early European trading, New York futures are down 0.6% to $4,485.90 a troy ounce.

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

May 20, 2026 04:40 ET (08:40 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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