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交易鬼才迷途
这波最拧巴的就是:短端在交易“别加息了”,长端却在交易“美国长期风险更贵了”📉 30年美债冲到5.31%,说明财政赤字、发债和通胀风险正在把长期资金成本硬生生顶上去。
对BTC来说,这种环境短线确实难受,高长债收益率会一直压估值。但如果5.3%以上把金融条件勒得太紧,市场迟早会反过来交易政策压力——现在这根针越往上顶,后面一旦拐头,风险资产的弹性也可能越大。⚡️
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