此外,美联储仍坐拥4万亿美元的资产组合,包括在量化宽松计划中购买的美国国债、机构债以及抵押贷款支持债券,这是控制货币政策的潜在有力工具。
While the current assumption is that the Fed will carefully deflate its holdings through agradual end to reinvesting coupons and repayments, if the Treasury market proves asstubbornly unwilling to climb as it was in the noughties — reprising the “Greenspanconundrum — then officials could sanction the sales of some of these assets.
虽然目前的假设是,如果事实证明美国国债收益率像21世纪头10年间那样顽固地不愿上升,从而重现“格林斯潘谜题,那么,美联储官员可能批准出售这些资产中的一部分,美联储将逐步结束对收到的利息和还款进行再投资,而小心地减持这些资产。
“Before, Greenspan could say he didn’t have the tools to send the long end up, but now theyhave $4tn of bonds they could sell to engineer a steeper curve, Mr Kelly points out.
“以前,格林斯潘可以说,他没有手段让较长期国债收益率上升,但现在他们有4万亿美元的债券可以出售,以将曲线拉陡,凯利指出。
Some investors therefore fear that markets are still far too sanguine about the impact of Fedinterest rate increases, and do not see a redux of the flattening yield curve that baffled MrGreenspan.
【耶伦面对格林斯潘难题】相关文章:
★ 沙特大幅减产石油
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15