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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）-行業數據

美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）
美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）
有一些解釋認為是對通脹、美國債務可持續問題的擔憂造成的，但這一解釋是不成立的。10 年美債的上行幾乎都是期限溢價和實際利率上行驅動的，通脹預期的驅動反而是負的，因而市場并不是在交易通脹的上行或者美國債務問題的可持續性。
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第1頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第2頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第3頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第4頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第5頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第6頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第7頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第8頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第9頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第10頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第11頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第12頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第13頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第14頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第15頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第16頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第17頁
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美債10年期限溢價和實際利率（實線對應9月18日FOMC、11月6日美國大選）_第18頁
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所屬報告： 宏觀專題：需要擔心美債供給風險嗎？-250213（31頁）.pdf
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