{"id":46556,"date":"2026-05-07T16:25:50","date_gmt":"2026-05-07T16:25:50","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e6%b3%a2%e5%85%b0%e5%a4%ae%e8%a1%8c%e7%bb%b4%e6%8c%81%e5%88%a9%e7%8e%87%e5%9c%a83-75%e4%b8%8d%e5%8f%98%ef%bc%8c%e5%85%b9%e7%bd%97%e6%8f%90%e8%b6%8b%e7%a8%b3%ef%bc%8c%e5%80%ba%e5%88%b8%e6%94%b6\/"},"modified":"2026-05-07T16:25:50","modified_gmt":"2026-05-07T16:25:50","slug":"%e6%b3%a2%e5%85%b0%e5%a4%ae%e8%a1%8c%e7%bb%b4%e6%8c%81%e5%88%a9%e7%8e%87%e5%9c%a83-75%e4%b8%8d%e5%8f%98%ef%bc%8c%e5%85%b9%e7%bd%97%e6%8f%90%e8%b6%8b%e7%a8%b3%ef%bc%8c%e5%80%ba%e5%88%b8%e6%94%b6","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e6%b3%a2%e5%85%b0%e5%a4%ae%e8%a1%8c%e7%bb%b4%e6%8c%81%e5%88%a9%e7%8e%87%e5%9c%a83-75%e4%b8%8d%e5%8f%98%ef%bc%8c%e5%85%b9%e7%bd%97%e6%8f%90%e8%b6%8b%e7%a8%b3%ef%bc%8c%e5%80%ba%e5%88%b8%e6%94%b6\/","title":{"rendered":"\u6ce2\u5170\u592e\u884c\u7ef4\u6301\u5229\u7387\u57283.75%\u4e0d\u53d8\uff0c\u5179\u7f57\u63d0\u8d8b\u7a33\uff0c\u503a\u5238\u6536\u76ca\u7387\u4ecd\u4fdd\u7559\u98ce\u9669\u6ea2\u4ef7"},"content":{"rendered":"<p>\u6ce2\u5170\u592e\u884c\u2014\u2014\u6ce2\u5170\u56fd\u5bb6\u94f6\u884c\uff08NBP\uff09\u628a\u653f\u7b56\u5229\u7387\u7ef4\u6301\u57283.75%\u4e0d\u53d8\u3002\u5e02\u573a\u76ee\u524d\u7684\u5b9a\u4ef7\u662f\uff1a\u76f4\u52302026\u5e74\u90fd\u4e0d\u4f1a\u518d\u8c03\u6574\u5229\u7387\u3002<\/p>\n<p>NBP\u884c\u957f\u4e9a\u5f53\u00b7\u683c\u62c9\u5bbe\u65af\u57fa\uff08Adam Glapi\u0144ski\uff09\u5373\u5c06\u53ec\u5f00\u8bb0\u8005\u4f1a\u3002\u5e02\u573a\u5173\u6ce8\u70b9\u5728\u4e8e\uff1a\u4ed6\u7684\u8868\u6001\u4f1a\u4e0d\u4f1a\u53d8\u5f97\u975e\u5e38\u201c\u9e70\u6d3e\u201d\uff08\u504f\u5411\u6536\u7d27\u653f\u7b56\u3001\u503e\u5411\u52a0\u606f\u6216\u66f4\u4e45\u7ef4\u6301\u9ad8\u5229\u7387\uff0c\u4ee5\u538b\u5236\u901a\u80c0\uff09\u3002<\/p>\n<h3>\u5e02\u573a\u805a\u7126\u683c\u62c9\u5bbe\u65af\u57fa\u7684\u8868\u6001<\/h3>\n<p>\u6b27\u5143\/\u6ce2\u5170\u5179\u7f57\u63d0\uff08EUR\/PLN\uff09\u5df2\u56de\u843d\uff0c\u968f\u7740\u6b64\u524d\u56e0\u4e2d\u4e1c\u51b2\u7a81\u5f15\u53d1\u7684\u77ed\u7ebf\u98d9\u5347\u88ab\u5b8c\u5168\u626d\u8f6c\uff0c\u6c47\u4ef7\u6b63\u8d70\u54114.22\u9644\u8fd1\u3002\u6ce2\u5170\u653f\u5e9c\u503a\u5238\u6536\u76ca\u7387\u4ecd\u9ad8\u4e8e\u51b2\u7a81\u524d\u6c34\u5e73\uff0c10\u5e74\u671f\u6ce2\u5170\u56fd\u503a\uff08POLGB\uff09\u6536\u76ca\u7387\u4ecd\u7ea6\u4e3a5.57%\uff0c\u6bd4\u51b2\u7a81\u524d4.92%\u9ad8\u51fa\u7ea665\u4e2a\u57fa\u70b9\uff08bp\uff1b1\u4e2a\u57fa\u70b9=0.01\u4e2a\u767e\u5206\u70b9\uff0c\u53730.65\u4e2a\u767e\u5206\u70b9\uff09\u3002<\/p>\n<p>NBP\u628a\u653f\u7b56\u5229\u7387\u7a33\u5b9a\u57283.75%\uff0c\u6211\u4eec\u8ba4\u4e3a\u76f4\u52302026\u5e74\u5e95\u90fd\u6ca1\u6709\u5fc5\u8981\u6539\u53d8\u3002\u968f\u7740\u901a\u80c0\u57282026\u5e744\u6708\u653e\u7f13\u81f33.1%\uff0c\u4ec5\u7565\u9ad8\u4e8e\u592e\u884c\u76ee\u6807\u533a\u95f4\uff0c\u8fd9\u79cd\u201c\u6682\u505c\u52a0\u51cf\u606f\u201d\u770b\u8d77\u6765\u5408\u7406\u3002\u5bf9\u6211\u4eec\u6765\u8bf4\uff0c\u5229\u7387\u8def\u5f84\u66f4\u53ef\u9884\u6d4b\uff0c\u610f\u5473\u7740\u672a\u6765\u51e0\u5468\u6ce2\u5170\u5e02\u573a\u7684\u4e00\u4e2a\u4e3b\u8981\u6ce2\u52a8\u6765\u6e90\u4f1a\u51cf\u5c11\u3002<\/p>\n<p>\u5728\u5229\u7387\u7a33\u5b9a\u7684\u73af\u5883\u4e0b\uff0c\u5179\u7f57\u63d0\u83b7\u5f97\u652f\u6491\uff0cEUR\/PLN\u6b63\u7f13\u6b65\u8d70\u54114.22\u3002\u8be5\u8d27\u5e01\u5bf9\u5df2\u5b8c\u5168\u56de\u5410\u8fd1\u671f\u4e2d\u4e1c\u7d27\u5f20\u5c40\u52bf\u5e26\u6765\u7684\u4e0a\u6da8\uff0c\u663e\u793a\u5179\u7f57\u63d0\u5177\u5907\u97e7\u6027\u3002\u8fd9\u610f\u5473\u7740\uff0c\u5728EUR\/PLN\u4e0a\u201c\u5356\u51fa\u6ce2\u52a8\u201d\uff08\u901a\u8fc7\u671f\u6743\u7b49\u65b9\u5f0f\u62bc\u6ce8\u6c47\u7387\u6ce2\u52a8\u53d8\u5c0f\u3001\u8d5a\u53d6\u6743\u5229\u91d1\uff09\u53ef\u80fd\u662f\u53ef\u884c\u7b56\u7565\uff1b\u540c\u65f6\u201c\u5229\u5dee\u4ea4\u6613\u201d\uff08carry trade\uff1b\u501f\u5165\u4f4e\u5229\u7387\u8d27\u5e01\u3001\u4e70\u5165\u9ad8\u5229\u7387\u8d27\u5e01\u8d44\u4ea7\u4ee5\u8d5a\u53d6\u5229\u5dee\uff09\u5728\u592e\u884c\u7ef4\u6301\u5e73\u7a33\u7684\u60c5\u51b5\u4e0b\u4ecd\u5177\u5438\u5f15\u529b\u3002<\/p>\n<h3>\u6ce2\u5170\u503a\u5e02\u7684\u98ce\u9669\u6ea2\u4ef7<\/h3>\n<p>\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6ce2\u5170\u503a\u5238\u5e02\u573a\u4ecd\u663e\u538b\u529b\uff0c\u5448\u73b0\u4e0d\u540c\u666f\u8c61\u300210\u5e74\u671f\u56fd\u503a\u6536\u76ca\u7387\u5f98\u5f8a\u5728\u7ea65.57%\uff0c\u6bd4\u51b2\u7a81\u524d\u76844.92%\u9ad8\u51fa\u6574\u657465\u4e2a\u57fa\u70b9\u3002\u8fd9\u8bf4\u660e\uff1a\u6c47\u5e02\u5df2\u57fa\u672c\u6d88\u5316\u51b2\u51fb\uff0c\u4f46\u503a\u5238\u4ea4\u6613\u5458\u4ecd\u5728\u8ba1\u5165\u660e\u663e\u7684\u201c\u98ce\u9669\u6ea2\u4ef7\u201d\uff08risk premium\uff1b\u6295\u8d44\u8005\u4e3a\u627f\u62c5\u66f4\u9ad8\u4e0d\u786e\u5b9a\u6027\u800c\u8981\u6c42\u7684\u989d\u5916\u56de\u62a5\uff0c\u56e0\u6b64\u6536\u76ca\u7387\u66f4\u9ad8\uff09\u3002<\/p>\n<p>\u56de\u770b2025\u5e74\uff0c\u5728\u4e4c\u514b\u5170\u6218\u4e89\u5f15\u53d1\u5e02\u573a\u6ce2\u52a8\u540e\uff0c\u5179\u7f57\u63d0\u5df2\u8bc1\u660e\u81ea\u5df1\u80fd\u4ece\u5730\u7f18\u653f\u6cbb\u51b2\u51fb\u4e2d\u53cd\u5f39\u3002\u6211\u4eec\u8ba4\u4e3a\u503a\u5e02\u53cd\u5e94\u8f83\u6162\uff0c\u968f\u7740\u5c40\u52bf\u8d8b\u7a33\uff0c\u8fd9\u4e2a\u6536\u76ca\u7387\u5dee\u8ddd\u6700\u7ec8\u4f1a\u6536\u7a84\u3002\u56e0\u6b64\uff0c\u53ef\u4ee5\u8003\u8651\u5e03\u5c40\u6ce2\u5170\u56fd\u503a\u6536\u76ca\u7387\u4e0b\u884c\uff0c\u4f8b\u5982\u901a\u8fc7\u201c\u5229\u7387\u6389\u671f\u201d\uff08interest rate swaps\uff1b\u7528\u56fa\u5b9a\u5229\u7387\u4e0e\u6d6e\u52a8\u5229\u7387\u73b0\u91d1\u6d41\u4e92\u6362\uff0c\u4ee5\u5bf9\u51b2\u6216\u62bc\u6ce8\u5229\u7387\u8d70\u52bf\uff09\u6216\u201c\u503a\u5238\u671f\u8d27\u201d\uff08bond futures\uff1b\u7528\u5408\u7ea6\u4e70\u5356\u672a\u6765\u7684\u503a\u5238\u4ef7\u683c\/\u6536\u76ca\u7387\uff09\u6765\u8fdb\u884c\u76f8\u5bf9\u4ef7\u503c\u4ea4\u6613\uff08relative value trade\uff1b\u540c\u65f6\u6bd4\u8f83\u5e76\u62bc\u6ce8\u4e24\u7c7b\u76f8\u5173\u8d44\u4ea7\u7684\u4ef7\u683c\/\u6536\u76ca\u7387\u5dee\u56de\u5f52\uff09\uff0c\u4e0e\u5df2\u4fee\u590d\u7684\u6c47\u5e02\u8868\u73b0\u5f62\u6210\u5bf9\u7167\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6ce2\u5170\u592e\u884c\u6309\u5175\u4e0d\u52a8\uff1a\u5229\u7387\u7ef4\u63013.75%\uff0c\u5e02\u573a\u62bc\u6ce82026\u524d\u4e0d\u53d8\u3002\u7126\u70b9\u770b\u884c\u957f\u4f1a\u5426\u8f6c\u9e70\u3002\u5179\u7f57\u63d0\u8d8b\u7a33\u3001\u53ef\u5356\u6ce2\u52a8\u4e0e\u8d5a\u5229\u5dee\uff1b\u503a\u5e02\u98ce\u9669\u6ea2\u4ef7\u4ecd\u9ad8\uff0c\u6216\u5e03\u5c40\u6536\u76ca\u7387\u56de\u843d\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-46556","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/46556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=46556"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/46556\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=46556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=46556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=46556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}