债券市场波动再袭，6只高负债股票或迎风暴

金十数据10-25

债券市场的波动重现，而少数股票受其影响尤其明显。对于美国国债投资者来说，今年颇为动荡。两年期国债收益率在4月份达到约5%的峰值，随后在美联储将短期基准利率下调半个百分点后，于9月降至2024年的低点约3.5%。此后，收益率回升至略高于4%。债券市场并非在非理性波动。其波动反映了经济和通胀的强劲表现，这表明美联储可能不会按原计划大幅降息。此外，RealClearPolitics数据显示，特朗普...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2478677022?lang=zh_CN&edition=full","thumbnail":"https://img.jin10.com/gallary/1496244f-5f5c-48d6-95e1-ef007e5b0743.png/lite","is_english":false,"pubTime":"2024-10-25 16:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2478677022","market":"hk","top_or_hot":-1,"title":"债券市场波动再袭，6只高负债股票或迎风暴","media":"金十数据","content":"<div>\n<p>债券市场的波动重现，而少数股票受其影响尤其明显。\n对于美国国债投资者来说，今年颇为动荡。两年期国债收益率在4月份达到约5%的峰值，随后在美联储将短期基准利率下调半个百分点后，于9月降至2024年的低点约3.5%。此后，收益率回升至略高于4%。\n债券市场并非在非理性波动。其波动反映了经济和通胀的强劲表现，这表明美联储可能不会按原计划大幅降息。此外，RealClearPolitics数据显示，特朗普...</p>\n\n<a href=\"https://xnews.jin10.com/webapp/details.html?id=151475&type=news&data_type=0\">网页链接</a>\n\n</div>\n","source":"xnew_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>债券市场波动再袭，6只高负债股票或迎风暴</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n债券市场波动再袭，6只高负债股票或迎风暴\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-25 16:14 北京时间&nbsp;&nbsp;&nbsp;<a href=https://xnews.jin10.com/webapp/details.html?id=151475&type=news&data_type=0><strong>金十数据</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>债券市场的波动重现，而少数股票受其影响尤其明显。\n对于美国国债投资者来说，今年颇为动荡。两年期国债收益率在4月份达到约5%的峰值，随后在美联储将短期基准利率下调半个百分点后，于9月降至2024年的低点约3.5%。此后，收益率回升至略高于4%。\n债券市场并非在非理性波动。其波动反映了经济和通胀的强劲表现，这表明美联储可能不会按原计划大幅降息。此外，RealClearPolitics数据显示，特朗普...</p>\n\n<a href=\"https://xnews.jin10.com/webapp/details.html?id=151475&type=news&data_type=0\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4190","symbol_name":"消闲用品","start_time":0,"source_url":"https://xnews.jin10.com/webapp/details.html?id=151475&type=news&data_type=0","article_id":"2478677022","we_media_id":null,"thumbnails":["https://img.jin10.com/gallary/1496244f-5f5c-48d6-95e1-ef007e5b0743.png/lite"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478677022","pubTimestamp":1729844093,"columns":[],"sourceInfo":{"source_id":"xnew_highlight","name":"金十要闻"},"weMediaInfo":null,"summary":"债券市场的剧烈波动让高负债公司面临更大压力。标普1500指数中6家浮动利率债务较高的公司首当其冲，它们是否能经受住利率起伏的冲击？","collect":0,"end_time":0,"defaultTopTitle":"jin10.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK4190":"消闲用品","MRCY":"Mercury Systems Inc","IE00B19Z6F94.USD":"Legg Mason Royce - US Smaller Companies A Acc USD","BK4516":"特朗普概念","IE0034390439.USD":"FTGF ROYCE US SMALLER COMPANIES \"A\" (USD) D","MKSI":"MKS仪器","BK4187":"航天航空与国防","BK4178":"家庭装饰零售","F":"福特汽车","BK4585":"ETF&股票定投概念","BK4147":"半导体设备","MODG":"Topgolf Callaway Brands Ord Shs","BK4555":"新能源车","IAC":"IAC Inc","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4559":"巴菲特持仓","BK4077":"互动媒体与服务","BK4588":"碎股","BK4574":"无人驾驶","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","BK4099":"汽车制造商","RH":"Restoration Hardware Holdings"},"translate_title":"Bond market volatility hits again, 6 high-debt stocks may face the storm","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RH":1,"MRCY":1,"MODG":1,"MKSI":1,"IAC":1,"F":1},"content_text":"债券市场的波动重现，而少数股票受其影响尤其明显。\n对于美国国债投资者来说，今年颇为动荡。两年期国债收益率在4月份达到约5%的峰值，随后在美联储将短期基准利率下调半个百分点后，于9月降至2024年的低点约3.5%。此后，收益率回升至略高于4%。\n债券市场并非在非理性波动。其波动反映了经济和通胀的强劲表现，这表明美联储可能不会按原计划大幅降息。此外，RealClearPolitics数据显示，特朗普赢得总统大选的几率在过去几个月中上升，进一步助长了通胀预期。随着11月5日大选临近，波动可能会持续。\n债券波动往往会动摇股市，对拥有大量浮动利率债务的公司尤其不利。道理很简单：借贷成本随利率波动而变化，因此当债券收益率上升时，这些公司需支付更多利息；而当收益率下降时，利息负担则会减少。由于利息支出占收入的比例增加，净利润率降低，导致盈利减少。相反，利率下降则带来积极影响。\n根据22V Research创始人丹尼斯·德布斯切雷的研究，大型公司中仅约有十分之一的债务为浮动利率，因此受影响的公司大多为小型公司。包括航空航天和国防软件与系统提供商Mercury Systems(MRCY.O)（市值20亿美元，自9月底以来下跌7%）；制造组件商MKS仪器(MKSI.O)（市值67亿美元，跌幅9%）；互联网和软件公司IAC Inc(IAC.O)（市值45亿美元，下跌4%）；以及Topgolf Callaway Brands(MODG.N)（市值19亿美元，下跌1.9%）。同期标普500指数上涨了1%。\nRestoration Hardware(RH.N)也在名单中。这家市值61亿美元的高端家居用品商在收益率上升的近期跌了4.5%，尽管在过去一年中上涨了51%。公司25亿美元债务的绝大部分为浮动利率。\n利率驱动的下跌或许是一个买入机会。根据FactSet数据，分析师预计RH的销售额每年都会增长，到2027年将超过40亿美元。随着国际扩展和家庭支出保持稳定，RH或许会保持增长。\n福特汽车(F.N)是德布斯切雷名单上少数的大型公司之一。该公司有1500亿美元的债务，其中大部分为浮动利率。不同寻常的是，自收益率触底以来，该股已上涨2.3%，得益于通用汽车的业绩表现，描绘出较为乐观的汽车需求前景。福特计划于周一发布财报，若与通用的表现相符，其股价可能进一步上涨。分析师预计福特将报告每股盈利46美分，销售额为451亿美元。过去一个月，这两项预测均被下调，这为福特提供了相对较低的业绩门槛。\n这提醒我们，尽管波动可能让投资者感到不安，但基本面才是最终关键。","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2478677022"}