01:50:08
美国 United States
周二,美国10年期国债收益率稳定在4.47%,延续了周一的回落,因为投资者评估了本周首次关键国债拍卖。580亿美元的3年期国债以3.972%的高收益率结算,略高于发行时的水平,这意味着尾部适度,并表明需求稳定(如果疲软的话)。2.52的投标覆盖率低于最近的平均水平,而约67%的间接投标仍然坚挺,表明尽管地缘政治和财政担忧加剧,但外国仍继续支持短期美国债务。尽管如此,随着通胀数据和长期拍卖的临近,该曲线对供应压力和财政可信度问题仍然敏感,尤其是在周四30年期债券发行之前,该债券被视为投资者对美国债务兴趣的衡量标准。尽管强劲的需求阻止了收益率的飙升,但对通货膨胀、贸易紧张局势和发行量增加的持续担忧继续支持更高的长期利率前景。
The yield on the US 10-year Treasury note held steady at 4.47% on Tuesday, extending Monday’s retreat as investors assessed the first of this week’s key Treasury auctions. The $58 billion sale of 3-year notes cleared at a high yield of 3.972%, just above the when-issued level, implying a modest tail and signaling steady, if subdued, demand. The bid-to-cover ratio of 2.52 was below recent averages, while indirect bids, at roughly 67%, remained firm suggesting continued foreign support for shorter-term US debt despite rising geopolitical and fiscal concerns. Still, with inflation data and longer-duration auctions approaching, the curve remains sensitive to supply pressures and questions over fiscal credibility, especially ahead of Thursday’s 30-year bond sale, seen as a gauge of investor appetite for US debt. Although solid demand has prevented a spike in yields, lingering concerns over inflation, trade tensions, and elevated issuance continue to support a higher-for-longer rate outlook.