推荐-为何债券的高收益引起警惕.pdfVIP

Markets|Explainer

WhyHighYieldsonGovernmentBondsAre

CausingAlarm

为什么政府债券的⾼收益引起警惕

TheUSTreasurybuildinginWashington.

位于华盛顿的美国财政部⼤楼。Photographer:AlDrago/Bloomberg

摄影师：AlDrago/彭博社

ByGeorgeNixon,YeXie,andGregRitchie

作者：乔治·尼克松、谢叶、格雷格·⾥奇

August20,2026at4:02AMGMT+8

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Takeaways

Governmentborrowingcostshavebeen

surgingaroundtheworldasinvestors

demandmorecompensationtoholdlonger-

maturitydebt.

由于投资