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美国國債壓力凸顯。數據顯示,26%的美債將在2027年前到期,這給財政部帶來了嚴峻挑戰。與此同時,美聯儲面臨兩難——流動性枯竭,系統資金面緊張。
在這樣的困局下,唯一的出口就是釋放流動性。市場普遍預期利率下調和量化寬鬆政策會提前落地,時間點可能比交易員們現在想的要快。這背後的邏輯很清楚:當債務危機逼近,政策工具就成了必然選擇。
對交易者而言,這意味著什麼?提前布局,做好準備。