美国20年期债券拍卖从之前的4.632%攀升至4.81%。美国20年期债券拍卖从之前的4.632%攀升至4.81%

United States 20-Year Bond Auction climbed from previous 4.632% to 4.81%.United States 20-Year Bond Auction climbed from previous 4.632% to 4.81%

美国销售额激增缓解了美元的压力，但受到担忧的推动。美国3月份零售总额增长1.4%，在一个月前增长0.2%后，超过了预期的1.3%。按年计算，销售额增长4.4%，为2023年12月以来的最快增速，与通胀放缓至2.4%形成鲜明对比。

US Sales Jump Gives USD Relief, But Driven by Fears.US total retail sales rose 1.4% in March, beating the expected 1.3% after rising 0.2% a month earlier. On an annualised basis, sales rose 4.4%, the fastest pace since December 2023, which contrasted with the slowdown in inflation to 2.4% y/y.

EIA石油状况报告的数据显示，截至2025年4月11日的一周，美国原油库存增加了51.5万桶，高于市场预期的40万桶。另一方面，俄克拉荷马州库欣交付中心的原油库存在增加68.1万桶后减少了65.4万桶。此外，汽油库存下降了195.8万辆，而预测为160万辆。包括柴油和取暖油在内的馏分油库存减少了185.1万桶，而普遍认为减少了120万桶。

Crude oil inventories in the US rose by 0.515 million barrels in the week ended April 11, 2025, above market expectations of a 0.4 million build, data from the EIA Petroleum Status Report showed. On the other hand, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 654 thousand barrels, after a 681 thousand rise. Also, gasoline stocks fell by 1.958 million, compared with forecasts of a 1.6 million draw. Distillate stockpiles, which include diesel and heating oil, went down by 1.851 million barrels, versus consensus of a 1.2 million decrease.

美国NAHB/富国银行住房市场指数从3月份的39微升至2025年4月的40，高于预期的37。关税担忧和建筑材料成本上涨导致的经济不确定性日益增加，使建筑商情绪处于负面状态，尽管最近几周抵押贷款利率略有回落可能导致信心略有回升。当被问及关税对其业务的影响时，60%的建筑商表示，由于关税，他们的供应商已经提高或宣布提高材料价格。平均而言，供应商因宣布、颁布或预期的关税而将价格提高了6.3%。这意味着建筑商估计，最近关税的典型成本效应为每户10900美元。衡量当前销售状况的分类指数上升了2个点，达到45。潜在买家的流量指标上升了一个点，达到25，而衡量未来六个月销售预期的指标下降了四个点，至43。

The NAHB/Wells Fargo Housing Market Index in the US edged up to 40 in April 2025 from 39 in March, above forecasts of 37. Growing economic uncertainty stemming from tariff concerns and elevated building material costs kept builder sentiment in negative territory, despite a modest bump in confidence likely due to a slight retreat in mortgage interest rates in recent weeks. When asked about the impact of tariffs on their business, 60% of builders reported their suppliers have already increased or announced increases of material prices due to tariffs. On average, suppliers have increased their prices by 6.3% in response to announced, enacted, or expected tariffs. This means builders estimate a typical cost effect from recent tariffs at $10,900 per home. The subindex gauging current sales conditions rose two points to 45. The gauge charting traffic of prospective buyers increased one point to 25 while the component measuring sales expectations in the next six months fell four points to 43.