為啥債市比股市更令fed擔憂

Fed Warns of “Financial Stability Vulnerability Due to Leveraged Treasury Short Positions

“The Treasury basis trade is large enough for the Fed to be aware that if it does overtighten by withdrawing too much liquidity, it could cause an accident in the system,” Emons wrote in a Thursday note to clients.

fed加息真的沒有任何掣肘？別天真了。

所有跟帖： 

• 會發生Long Term Capital 那樣的事情？但是我認為現在Fed是知道該如何處理。 -大學2024- ♀ (136 bytes) () 08/31/2023 postreply 21:22:25

• 不懂國債啊，裏麵一樣學問多多 -年輪- ♂ (0 bytes) () 08/31/2023 postreply 21:23:03

• 老炮說今年還有再加息的可能，就說明國債還應該能handle -年輪- ♂ (0 bytes) () 08/31/2023 postreply 21:38:09

• 會有製約。老鮑也不想搞出個債市危機，加息縮表過狠會衝擊到到銀行和對衝基金。這也是為啥9月加息可能性不大。 -lanyin0314- ♂ (84 bytes) () 08/31/2023 postreply 22:29:57

• 拿著長期國債和房貸的銀行或者機構浮虧很嚴重，Fed的難題是如何給市場信心把長期利率降下來，否則哪些機構和銀行可能被拖垮的 -小夏- ♂ (0 bytes) () 08/31/2023 postreply 23:35:49