全球股市暴跌，美国股市弱势反弹。 美联储会保护市场吗？ _东方财富网

原标题：全球股市暴跌，美国股市弱势反弹。 美联储会保护市场吗？

概括

[TheglobalstockmarketplummetedandtheUSstocksreboundedweaklyWilltheFedprotectthemarket?】TheUSTreasuryyieldsroserapidlyandtheshockwaveincreasedandglobalstockmarketswere”falling”onFridayThatdayUSstocksreboundedweaklyandtheEuropeanandAsia-Pacificmarketsalsocloseddown(ShanghaiSecuritiesNews)

U.S. Treasury yields are rising rapidlyShock waveIncrease,Global stock marketThere was a sound of “fall” on Friday. That day.U.S. stocks rebound weak, Europemarket, Asia-Pacific markets also closed down.

As of Friday’s close, the Dow fell 469.6 points and fell below the 31,000 point mark to 30932.4 points, a decrease of 1.5%. The S&P 500 index fell 0.5%, and the Nasdaq rose nearly 1.9% at one time, but the late gains narrowed to 0.6% to 13192.3 points.

　　This week, the S&P 500 Index fell 2.5%, closing the decline for two consecutive weeks. The Dow fell 1.8% and the Nasdaq fell 4.9%.

The global stock market was in turmoil collectively. In the Asia Pacific market on the 26th,Nikkei 225 IndexPierced 29,000 points, closed down 3.99%, the most since April 1, 2020Big orderDaily decline. South Korea’s KLCI closed down 2.80%, the biggest one-day drop in the past six months. In the European market, the benchmark stock indexes of Britain, France, Germany and other countries fell between 0.67% and 2.53%.

“If U.S. Treasury yields continue to rise, the correction in the stock market will further expand.MidlandThe Reserve Bank may consider increasing the scale of the quantitative easing policy while changingvariableEase the term structure and buy more long-termBond, To buy fewer short-term bonds to control the increase in long-term bond yields. “Bank InsuranceinvestmentAnalystthink.

The latest economic data shows that US inflation is still weak. Economic data released on Friday local time showed that the monthly rate of personal spending in the United States fell 0.4% in January.MidlandCore personal consumptionpriceThe index (PCE) increased by 0.3% month-on-month, with an annual rate of 1.5%, in line with market expectations.

From the perspective of institutional expectations, US inflation may rise to a higher level.Morgan StanleyChief U.S. economist Ellen Zentner previously predicted that by the end of 2021, the annual inflation rate of the U.S. Core Personal Consumer Price Index (PCE) will be 2% and will continue to exceed 2% from 2022.

Faced with the previous rapid rise in U.S. bond yields,MidlandReserve officials are optimisticattitudeAnd continue to appease the market.St. Louis Federal Reserve Chairman Brad believes that the rise in U.S. Treasury yields may augur well because it does reflect the prospects for U.S. economic growth and inflation expectations.improve, And push inflation closer to the Fed’s inflation target. Earlier, Fed Chairman Powell also expressed this view.

When U.S. bond yields rose, the Fed continued to release easing signals, saying that it is too early to talk about reducing the scale of bond purchases. However, the market expects that the speed of improvement in the US economic situation will prompt the Fed to tighten policy earlier than expected, and the Fed may raise interest rates early at the end of 2022. Previously, this expectation was the end of 2023.

FXTM Market Analyst Chen Zhonghan believes that given that investor expectations are out of touch with the Fed’s views, it is expected that the market may fluctuate further in the future until the market has a better consensus and deeper recognition of the Fed’s next policy measures, and U.S. bond yields may then be possible. Fall back down.

The 10-year U.S. Treasury yield fell from the previous day’s high of 1.61%. As of press time, the 10-year U.S. Treasury yield has fallen to about 1.407%.

　　Bank of ChinaResearcher Wang Youxin of the Research Institute quoted Bloomberg data to tell reporters of Shanghai Securities News that if you don’t think about the future,PerformanceUnder circumstances, the market will fluctuate when the U.S. Treasury yield rises to 1.3%. In consideration of future performance, the rise in U.S. bond yields to 1.75% will have a greater impact on U.S. stocks. At present, the 10-year U.S. Treasury is in the middle of the two. Short-term market volatility has increased significantly, and more funds will flow to the bond market to seek risk-free returns, and stock market prices are under pressure to adjust.

Some investors worry that the U.S. Treasury yields will rise too fast to end the upward momentum of Asian stock markets, butJPMorganDisagree with this view.The agency believes that Asia’s cyclical industry growth is strong, the current account is extremely resilient, and the momentum of technological development supports the continued improvement of economic fundamentals.interest rateCreate a loose financial environment.

“From an investment perspective, whether it’s stocks,Foreign exchangeOr core bond assets, the Chinese market isJPMorganThe core recommendation. In terms of stock investment, we are also optimistic about the Singapore, South Korean and Japanese markets. “JPMorganThe analyst said.

In addition to the stock market,BitThe currency fluctuation trend has also aroused market attention. That day,BitcoinAt one point, it fell below the $46,000 mark, which was nearly $2,500 from the intraday high. At 9 o’clock on the 27th, Beijing time, Bitcoin rose above the 47,000 mark.

Li Hui, deputy dean of Huobi Research Institute, told reporters of Shanghai Securities News that as this round of bull market is mainly driven by institutions, the underlying logic is that under the stimulus of the central bank’s quantitative easing policy, funds seek to gain anti-inflation and appreciation potential through investment in bitcoin. It has a very high correlation with the trend of US stocks. If the global easing policy changes, such as the early contraction of the easing policy, Bitcoin is likely to be sold by more investors and the volatility will be more severe.

Earlier, there were reports that the US Securities ExchangeCommittee(SEC) is stepping in and investigatingTeslaChief Executive OfficerElon Musk(Elon Musk) Is it suspected of using his personal social media account?InfluenceManipulating Dogecoin and other encryptioncurrency。

After this news appeared, the price of Dogecoin fell sharply, but it is not clear where the above investigation news came from.

(Source: Shanghai Securities News)

(Editor in charge: DF150)