Faizlerin y\u00fckselmesi ve piyasan\u0131n bu y\u00f6ndeki beklentileri, tahvil piyasas\u0131ndaki hareketler \u00fczerinden hisse senetleri, alt\u0131n ve d\u00f6viz kurlar\u0131 gibi bir\u00e7ok varl\u0131\u011f\u0131 etkileyebiliyor.<\/p>\n
Ekonomist Mohamed El-Erian, son k\u00fcresel tahvil sat\u0131\u015f\u0131nda as\u0131l bask\u0131n\u0131n enflasyondan \u00e7ok, h\u00fck\u00fcmetlerin ve \u015firketlerin bor\u00e7lanma h\u0131z\u0131na kar\u015f\u0131l\u0131k al\u0131c\u0131 taban\u0131n\u0131n daralmas\u0131ndan kaynakland\u0131\u011f\u0131n\u0131 s\u00f6yledi. \u00c7in\u2019in jeopolitik nedenlerle ABD tahvillerine daha mesafeli oldu\u011fu, Japonya ile K\u00f6rfez varl\u0131k fonlar\u0131n\u0131n i\u00e7 bask\u0131larla kar\u015f\u0131 kar\u015f\u0131ya bulundu\u011fu ve Norve\u00e7\u2019in de ABD tahvillerindeki pay\u0131n\u0131 yeniden de\u011ferlendirdi\u011fi belirtildi.<\/p>\n
Y\u00fckselen tahvil getirilerinin \u015firket de\u011ferlemelerini a\u015fa\u011f\u0131 \u00e7ekebildi\u011fi, alt\u0131n i\u00e7in ise faiz getirisinden vazge\u00e7menin maliyetini art\u0131rd\u0131\u011f\u0131 ifade edildi. El-Erian ayr\u0131ca ABD Hazine Bakanl\u0131\u011f\u0131\u2019n\u0131n uzun vadeli geri al\u0131mlar\u0131 b\u00fcy\u00fctmesini ve JD Vance\u2019in Fed\u2019e faiz indirimi \u00e7a\u011fr\u0131s\u0131n\u0131 ele\u015ftirdi.<\/p>\n
\ud83d\udca1 Bilgi Notu:<\/strong> Tahvil getirisi, bir tahvilin yat\u0131r\u0131mc\u0131ya sa\u011flad\u0131\u011f\u0131 y\u0131ll\u0131k kazanc\u0131 g\u00f6sterir; genel olarak getiri y\u00fckseldik\u00e7e tahvil fiyat\u0131 d\u00fc\u015fer. Tahvil piyasas\u0131nda \u201cal\u0131c\u0131 taban\u0131n daralmas\u0131\u201d ise bu k\u00e2\u011f\u0131tlara para koymaya istekli yat\u0131r\u0131mc\u0131 say\u0131s\u0131n\u0131n azalmas\u0131 demektir.<\/p>\n \ud83d\udcca Piyasa Etkisi:<\/strong> Y\u00fckselen tahvil getirileri, hisse senetleri ve alt\u0131n \u00fczerinde bask\u0131 yaratabilir; \u00e7\u00fcnk\u00fc \u015firketlerin gelecekteki kazan\u00e7lar\u0131n\u0131n bug\u00fcnk\u00fc de\u011feri d\u00fc\u015fer, alt\u0131n gibi faiz getirmeyen varl\u0131klar\u0131n da cazibesi azal\u0131r. E\u011fer bor\u00e7lanma talebi arz\u0131 a\u015fmaya devam ederse, uzun vadeli faizlerin y\u00fcksek kalmas\u0131 dolar lehine ve riskli varl\u0131klar aleyhine fiyatlamalar\u0131 destekleyebilir.<\/p>\n","protected":false},"excerpt":{"rendered":" Faizlerin y\u00fckselmesi ve piyasan\u0131n bu y\u00f6ndeki beklentileri, tahvil piyasas\u0131ndaki hareketler \u00fczerinden hisse senetleri, alt\u0131n ve d\u00f6viz kurlar\u0131 gibi bir\u00e7ok varl\u0131\u011f\u0131<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","fxk_merge_backup":"","footnotes":""},"categories":[8],"tags":[78,1389,1285],"class_list":["post-15488","post","type-post","status-publish","format-standard","hentry","category-son-dakikalar","tag-altin","tag-faiz-oranlari","tag-tahvil-piyasasi"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/15488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15488"}],"version-history":[{"count":1,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/15488\/revisions"}],"predecessor-version":[{"id":15490,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/15488\/revisions\/15490"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}