186****9798
2023-05-06 00:24inflation above expectations時(shí)，對(duì)bond是positive impact還是negative impact？
所屬：CFA Level III > Capital Market Expectations 視頻位置 相關(guān)試題
來(lái)源： 視頻位置 相關(guān)試題
1個(gè)回答
Johnny助教
2023-05-08 22:04
該回答已被題主采納
同學(xué)你好，教材原文說(shuō)的是：inflation moves out of the expected range, longer-term yields may rise/fall more sharply as investors reassess the likelihood of a change in the long-run average level of inflation. 通脹超出預(yù)期，那么長(zhǎng)期收益率的漲跌幅度會(huì)高于短期，因?yàn)槿藗儠?huì)認(rèn)為長(zhǎng)期平均通脹水平會(huì)發(fā)生變化。那對(duì)債券的收益究竟是正面還是負(fù)面影響，對(duì)此教材只字未提，也就不會(huì)對(duì)其做考察，我們只需把上面那個(gè)結(jié)論記住即可。
0
0
1
1
