{"id":16421,"date":"2026-09-09T18:11:46","date_gmt":"2026-09-09T15:11:46","guid":{"rendered":"https:\/\/fxknews.com\/?p=16421"},"modified":"2026-09-09T18:11:56","modified_gmt":"2026-09-09T15:11:56","slug":"bessentten-tahvil-piyasasina-mudahale-6-milyar-dolarlik-geri-alim","status":"publish","type":"post","link":"https:\/\/fxknews.com\/?p=16421","title":{"rendered":"Bessent&#8217;ten Tahvil Piyasas\u0131na M\u00fcdahale: 6 Milyar Dolarl\u0131k Geri Al\u0131m"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ABD Hazine Bakan\u0131 Scott Bessent\u2019in tahvil piyasas\u0131ndaki etkisini art\u0131ran geri al\u0131m program\u0131n\u0131n b\u00fcy\u00fckl\u00fc\u011f\u00fc netle\u015fti.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hazine, ge\u00e7ti\u011fimiz ay <strong>\u201c4 milyar dolar\u0131n \u00fczerinde\u201d<\/strong> olmas\u0131 beklenen bir geri al\u0131m program\u0131 ba\u015flatm\u0131\u015ft\u0131. A\u00e7\u0131klanan son rakam ise <strong>6 milyar dolar<\/strong> oldu. Ancak program\u0131n \u00fcst s\u0131n\u0131r\u0131n\u0131n da 6 milyar dolar olarak belirlenmesi, piyasan\u0131n daha b\u00fcy\u00fck bir hamle beklentisini kar\u015f\u0131lamad\u0131.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bu ad\u0131m, ABD Hazine piyasas\u0131nda <strong>daha fazla k\u0131sa vadeli tahvil ve daha az uzun vadeli tahvil arz\u0131<\/strong> anlam\u0131na geliyor. Dolay\u0131s\u0131yla uzun vadeli tahvil piyasas\u0131ndaki arz bask\u0131s\u0131n\u0131n bir miktar hafiflemesi beklenebilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ancak geri al\u0131m program\u0131n\u0131n b\u00fcy\u00fckl\u00fc\u011f\u00fc, piyasan\u0131n korktu\u011fu \u00f6l\u00e7ekte bir arz de\u011fi\u015fimi yaratacak kadar b\u00fcy\u00fck g\u00f6r\u00fcnm\u00fcyor.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87_1 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">\u0130\u00e7indekiler<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/fxknews.com\/?p=16421\/#30_YILLIK_TAHVILDE_ILK_TEPKI\" >30 YILLIK TAHV\u0130LDE \u0130LK TEPK\u0130<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"30_YILLIK_TAHVILDE_ILK_TEPKI\"><\/span>30 YILLIK TAHV\u0130LDE \u0130LK TEPK\u0130<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Piyasan\u0131n ilk tepkisi de geri al\u0131m program\u0131n\u0131n uzun vadeli tahviller \u00fczerindeki etkisinin s\u0131n\u0131rl\u0131 kald\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>30 y\u0131ll\u0131k ABD Hazine tahvili getirisi, seans\u0131n zirvesinde 3 baz puan y\u00fckselerek %5,29 seviyesine \u00e7\u0131kt\u0131.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bu tablo, Hazine\u2019nin uzun vadeli tahvil arz\u0131n\u0131 azaltmaya y\u00f6nelik hamlesinin tek ba\u015f\u0131na tahvil getirilerini a\u015fa\u011f\u0131 \u00e7ekmeye yetmedi\u011fine i\u015faret ediyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00d6zetle, Washington tahvil piyasas\u0131n\u0131n arz taraf\u0131nda daha aktif bir rol \u00fcstleniyor. Ancak <strong>6 milyar dolarl\u0131k geri al\u0131m<\/strong>, piyasadaki devasa Hazine arz\u0131 d\u00fc\u015f\u00fcn\u00fcld\u00fc\u011f\u00fcnde oyunun kurallar\u0131n\u0131 de\u011fi\u015ftirecek b\u00fcy\u00fckl\u00fckte de\u011fil.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Piyasalar\u0131n as\u0131l sorusu ise \u015fu:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bessent\u2019in m\u00fcdahalesi 6 milyar dolarla m\u0131 s\u0131n\u0131rl\u0131 kalacak, yoksa Hazine uzun vadeli tahvil piyasas\u0131n\u0131 desteklemek i\u00e7in daha b\u00fcy\u00fck ad\u0131mlar m\u0131 atacak?<\/strong><\/p>\n<p style=\"border-left:4px solid #3b82f6;padding:14px 16px;border-radius:6px;color:#cbd5e1;font-weight:normal;line-height:1.6\">\ud83d\udca1 <strong style=\"color:#93c5fd\">Bilgi Notu:<\/strong> Geri al\u0131m program\u0131, Hazine\u2019nin piyasadaki baz\u0131 tahvilleri geri sat\u0131n almas\u0131 demektir. B\u00f6ylece dola\u015f\u0131mdaki tahvil miktar\u0131 azal\u0131r; bu da o tahvillere olan bask\u0131y\u0131 hafifletebilir.<\/p><p style=\"border-left:4px solid #eab308;padding:14px 16px;border-radius:6px;color:#cbd5e1;font-weight:normal;line-height:1.6\">\ud83d\udcca <strong style=\"color:#fde047\">Piyasa Etkisi:<\/strong> Hazine\u2019nin geri al\u0131m hamlesi, uzun vadeli tahvil arz\u0131n\u0131 azaltarak getiriler \u00fczerinde s\u0131n\u0131rl\u0131 da olsa a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 yaratabilir. Ancak a\u00e7\u0131klanan tutar beklentileri kar\u015f\u0131lamazsa etki zay\u0131f kalabilir; bu durumda tahvil faizlerinde kal\u0131c\u0131 bir gev\u015feme g\u00f6rmek zorla\u015fabilir.<\/p>","protected":false},"excerpt":{"rendered":"<p>ABD Hazine Bakan\u0131 Scott Bessent\u2019in tahvil piyasas\u0131ndaki etkisini art\u0131ran geri al\u0131m program\u0131n\u0131n b\u00fcy\u00fckl\u00fc\u011f\u00fc netle\u015fti. Hazine, ge\u00e7ti\u011fimiz ay \u201c4 milyar dolar\u0131n<\/p>\n","protected":false},"author":1,"featured_media":16422,"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":[1],"tags":[167,299],"class_list":["post-16421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansal-piyasalar","tag-bessent","tag-tahvil"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/16421","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=16421"}],"version-history":[{"count":2,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/16421\/revisions"}],"predecessor-version":[{"id":16424,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/16421\/revisions\/16424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/media\/16422"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}