JPMorgan, kamu maliyesindeki bozulman\u0131n etkisiyle y\u00fckselen 30 y\u0131ll\u0131k tahvil getirilerinin k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli hisseler i\u00e7in giderek b\u00fcy\u00fcyen bir risk olu\u015fturdu\u011fu konusunda uyard\u0131.<\/p>\n\n\n\n
K\u00fcresel GSYH’nin yakla\u015f\u0131k %60’\u0131 art\u0131k borcunun GSYH’ye oran\u0131 %100’\u00fc a\u015fan ve mali a\u00e7\u0131k veren \u00fclkelerden geliyor. Bu durumun benzeri g\u00f6r\u00fclmemi\u015f bir tablo olu\u015fturdu\u011fu belirtiliyor.<\/p>\n\n\n\n
ABD’deki k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli \u015firket hisselerinin yaln\u0131zca %9’u, 30 y\u0131ll\u0131k ABD Hazine tahvillerinden daha y\u00fcksek temett\u00fc getirisi sunuyor. Bu oran 2024’\u00fcn ba\u015f\u0131nda %19 seviyesindeydi ve \u015fu anda 24 y\u0131l\u0131n en d\u00fc\u015f\u00fck seviyesine gerilemi\u015f durumda.<\/p>\n
\ud83d\udca1 Bilgi Notu:<\/strong> Temett\u00fc getirisi, bir hissenin fiyat\u0131na g\u00f6re ne kadar nakit pay\u0131 sundu\u011funu g\u00f6sterir; oran y\u00fckseldik\u00e7e hisse, sabit getirili bir yat\u0131r\u0131m alternatifiyle daha rekabet\u00e7i g\u00f6r\u00fcn\u00fcr. Hazine tahvili getirisi ise devletin bor\u00e7lanma maliyetini ve yat\u0131r\u0131mc\u0131n\u0131n bu tahvilden bekledi\u011fi y\u0131ll\u0131k kazanc\u0131 ifade eder.<\/p> \ud83d\udcca Piyasa Etkisi:<\/strong> Uzun vadeli tahvil getirilerindeki y\u00fckseli\u015f, iskonto oranlar\u0131n\u0131 art\u0131rarak \u00f6zellikle k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli \u015firketlerin de\u011ferlemeleri \u00fczerinde bask\u0131 yaratabilir. Bu durum, hisse senetlerinde genel olarak sat\u0131\u015f bask\u0131s\u0131n\u0131 art\u0131r\u0131rken tahvilleri g\u00f6rece cazip hale getirebilir; piyasa b\u00fcy\u00fcme hisselerinden daha temkinli, kaliteli nakit ak\u0131\u015f\u0131 olan \u015firketlere y\u00f6nelme e\u011filimi g\u00f6sterebilir.<\/p>","protected":false},"excerpt":{"rendered":" JPMorgan, kamu maliyesindeki bozulman\u0131n etkisiyle y\u00fckselen 30 y\u0131ll\u0131k tahvil getirilerinin k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli hisseler i\u00e7in giderek b\u00fcy\u00fcyen bir risk<\/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":[299],"class_list":["post-28654","post","type-post","status-publish","format-standard","hentry","category-son-dakikalar","tag-tahvil"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/28654","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=28654"}],"version-history":[{"count":2,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/28654\/revisions"}],"predecessor-version":[{"id":28656,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/28654\/revisions\/28656"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}