$GS, ABD tahvillerinde son haftalarda g\u00f6r\u00fclen sert faiz y\u00fckseli\u015finin temel g\u00f6stergelere k\u0131yasla fazla ileri gitmi\u015f olabilece\u011fini de\u011ferlendirdi. Banka, bu hareketin arkas\u0131nda gev\u015fek finansal ko\u015fullar, g\u00fc\u00e7l\u00fc ABD verileri, zay\u0131f tahvil ihaleleri, teknik portf\u00f6y ak\u0131\u015flar\u0131 ve enerji fiyatlar\u0131n\u0131n yaratt\u0131\u011f\u0131 bask\u0131n\u0131n yer ald\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
Goldman\u2019a g\u00f6re \u00f6zellikle petrol fiyatlar\u0131 \u00f6nemli bir unsur haline geldi; Orta Do\u011fu kaynakl\u0131 arz s\u0131k\u0131nt\u0131s\u0131, \u00f6nce \u0130ngiltere ve euro b\u00f6lgesi tahvillerinde sat\u0131\u015fa, ard\u0131ndan ABD Hazine ka\u011f\u0131tlar\u0131nda ek bask\u0131ya yol a\u00e7t\u0131. Banka, Brent petrol\u00fcn varil ba\u015f\u0131na 100 dolar civar\u0131nda kalmas\u0131 halinde bu bask\u0131n\u0131n s\u00fcrebilece\u011fini, tahvillerde belirgin bir toparlanma i\u00e7in ise enerji fiyatlar\u0131nda d\u00fc\u015f\u00fc\u015f ya da ABD b\u00fcy\u00fcme verilerinde yumu\u015fama gerekti\u011fini belirtti.<\/p>\n
Barron\u2019s ise getiriler 5%\u2019i a\u015farken uzun vadeli ABD Hazine tahvillerine y\u00f6nelik bak\u0131\u015f\u0131n de\u011fi\u015fti\u011fini yazd\u0131; y\u0131llard\u0131r b\u00fcy\u00fck ekonomilerin devlet tahvillerinden ka\u00e7\u0131nan iki stratejist, 10 ve 30 y\u0131ll\u0131k tahvilleri yeniden \u00f6nerdi. Yakla\u015f\u0131k 47 milyar dolarl\u0131k iShares 20+ Year Treasury Bond ETF\u2019nin art arda 10 i\u015flem g\u00fcn\u00fc gerilemesine ra\u011fmen, fon y\u0131l ba\u015f\u0131ndan bu yana yakla\u015f\u0131k 5 milyar dolar giri\u015f ald\u0131.<\/p>\n
\u0130ki stratejistten biri, geni\u015fleyen b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131n\u0131n Fed\u2019i h\u00fck\u00fcmet ve bankac\u0131l\u0131k sisteminin solvabilitesini korumak i\u00e7in daha d\u00fc\u015f\u00fck faizlere y\u00f6neltece\u011fini savunurken, Barron\u2019s bunun merkez bankas\u0131n\u0131n ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131na zarar verebilece\u011fi uyar\u0131s\u0131nda bulundu. Di\u011fer stratejist ise 10 y\u0131ll\u0131k tahvil getirisinin yakla\u015f\u0131k 5.3%, 30 y\u0131ll\u0131k getirisinin de yakla\u015f\u0131k 5.6% seviyesine \u00e7\u0131kmas\u0131n\u0131n bu k\u00e2\u011f\u0131tlar\u0131 tutulabilir hale getirdi\u011fini s\u00f6yledi.<\/p>\n
Ancak riskler s\u00fcr\u00fcyor; yay\u0131n, y\u00fcksek federal bor\u00e7, sava\u015f maliyetleri, yakla\u015f\u0131k 3% enflasyon, yapay zek\u00e2 yat\u0131r\u0131mlar\u0131n\u0131 finanse eden kurumsal bor\u00e7lanma ve y\u00fckselen yak\u0131t fiyatlar\u0131na dikkat \u00e7ekti. \u00d6te yandan Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fman\u0131n art\u0131rd\u0131\u011f\u0131 dizel ve benzin fiyatlar\u0131n\u0131n enflasyon beklentilerine do\u011frudan yans\u0131d\u0131\u011f\u0131, petrol\u00fcn ABD faizleri i\u00e7in bir \u201cwild card\u201d olmaya devam etti\u011fi ve long-bond rallisinin K\u00f6rfez arz haberlerine ba\u011fl\u0131 kald\u0131\u011f\u0131 belirtildi.<\/p>\n
Bu arada, d\u00fc\u015f\u00fc\u015f\u00fcn s\u00fcrd\u00fc\u011f\u00fc d\u00f6nemde long-duration fonlara gelen g\u00fc\u00e7l\u00fc giri\u015fler, b\u00fcy\u00fck paran\u0131n zay\u0131fl\u0131kta al\u0131m yapmaya istekli oldu\u011funu g\u00f6sterdi. Fed\u2019in s\u0131k\u0131la\u015fma patikas\u0131, y\u00fcksek ihra\u00e7 hacmi ve AI kaynakl\u0131 kurumsal bor\u00e7lanma ise getiriler \u00fczerindeki yukar\u0131 y\u00f6nl\u00fc bask\u0131y\u0131 canl\u0131 tutarak volatilitenin y\u00fcksek kalmas\u0131na yol a\u00e7\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
$GS, ABD tahvillerinde son haftalarda g\u00f6r\u00fclen sert faiz y\u00fckseli\u015finin temel g\u00f6stergelere k\u0131yasla fazla ileri gitmi\u015f olabilece\u011fini de\u011ferlendirdi. Banka, bu hareketin<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","fxk_merge_backup":"[{\"ts\":\"2026-10-07 01:31:10\",\"content\":\"$GS, ABD tahvillerinde son haftalarda g\\u00f6r\\u00fclen sert faiz y\\u00fckseli\\u015finin temel g\\u00f6stergelere k\\u0131yasla fazla ileri gitmi\\u015f olabilece\\u011fini de\\u011ferlendirdi. Banka, bu hareketin arkas\\u0131nda gev\\u015fek finansal ko\\u015fullar, g\\u00fc\\u00e7l\\u00fc ABD verileri, zay\\u0131f tahvil ihaleleri, teknik portf\\u00f6y ak\\u0131\\u015flar\\u0131 ve enerji fiyatlar\\u0131n\\u0131n yaratt\\u0131\\u011f\\u0131 bask\\u0131n\\u0131n yer ald\\u0131\\u011f\\u0131n\\u0131 s\\u00f6yledi.\\nGoldman\\u2019a g\\u00f6re \\u00f6zellikle petrol fiyatlar\\u0131 \\u00f6nemli bir unsur haline geldi; Orta Do\\u011fu kaynakl\\u0131 arz s\\u0131k\\u0131nt\\u0131s\\u0131, \\u00f6nce \\u0130ngiltere ve euro b\\u00f6lgesi tahvillerinde sat\\u0131\\u015fa, ard\\u0131ndan ABD Hazine ka\\u011f\\u0131tlar\\u0131nda ek bask\\u0131ya yol a\\u00e7t\\u0131. Banka, Brent petrol\\u00fcn varil ba\\u015f\\u0131na 100 dolar civar\\u0131nda kalmas\\u0131 halinde bu bask\\u0131n\\u0131n s\\u00fcrebilece\\u011fini, tahvillerde belirgin bir toparlanma i\\u00e7in ise enerji fiyatlar\\u0131nda d\\u00fc\\u015f\\u00fc\\u015f ya da ABD b\\u00fcy\\u00fcme verilerinde yumu\\u015fama gerekti\\u011fini belirtti.\\n\\ud83d\\udcca Piyasa Etkisi: ABD tahvillerindeki sat\\u0131\\u015f\\u0131n a\\u015f\\u0131r\\u0131ya ka\\u00e7t\\u0131\\u011f\\u0131 de\\u011ferlendirmesi, getirilerde k\\u0131sa vadeli geri \\u00e7ekilme ihtimalini art\\u0131r\\u0131yor. Petrol\\u00fcn y\\u00fcksek kalmas\\u0131 ise enflasyon bask\\u0131s\\u0131n\\u0131 canl\\u0131 tutarak tahviller \\u00fczerinde yukar\\u0131 y\\u00f6nl\\u00fc faiz bask\\u0131s\\u0131n\\u0131 s\\u00fcrd\\u00fcrebilir; bu da dolar ve hisse senetleri \\u00fczerinde dalgalanma yaratabilir.\\n\"}]","footnotes":""},"categories":[8],"tags":[952,977,182,6450],"class_list":["post-27812","post","type-post","status-publish","format-standard","hentry","category-son-dakikalar","tag-abd-tahvilleri","tag-brent-petrol","tag-goldman-sachs","tag-onemli"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/27812","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=27812"}],"version-history":[{"count":2,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/27812\/revisions"}],"predecessor-version":[{"id":27818,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/27812\/revisions\/27818"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}