{"id":75670,"date":"2024-09-04T06:36:06","date_gmt":"2024-09-04T06:36:06","guid":{"rendered":"https:\/\/ekamu.net\/?p=75670"},"modified":"2024-09-04T06:36:06","modified_gmt":"2024-09-04T06:36:06","slug":"tahvil-rallisi-isgucunde-toparlanma-riskiyle-karsi-karsiya","status":"publish","type":"post","link":"https:\/\/ekamu.net\/index.php\/2024\/09\/04\/tahvil-rallisi-isgucunde-toparlanma-riskiyle-karsi-karsiya\/","title":{"rendered":"Tahvil rallisi i\u015fg\u00fcc\u00fcnde toparlanma riskiyle kar\u015f\u0131 kar\u015f\u0131ya"},"content":{"rendered":"<div>\n<p>D\u00fcn devam eden tahvillerdeki y\u00fckseli\u015f, nisan sonunda y\u00fczde 5\u2019in \u00fczerinde olan 2 y\u0131ll\u0131k ABD tahvillerinin getirisini bir ara y\u00fczde 3,84\u2019e d\u00fc\u015f\u00fcrd\u00fc. Kapan\u0131\u015f ise y\u00fczde 3,86\u2019dan ger\u00e7ekle\u015fti. Bu tahvilin fiyat\u0131nda son d\u00f6rt ayda ya\u015fanan art\u0131\u015f 2021\u2019den bu yana en uzun kazan\u00e7 serisine i\u015faret ediyor.<\/p>\n<p>Bu hareket, Fed\u2019in faiz oran\u0131n\u0131 \u00f6n\u00fcm\u00fczdeki 12 ay i\u00e7inde iki tam y\u00fczde puandan fazla d\u00fc\u015f\u00fcrece\u011fi beklentisinden kaynaklan\u0131yor ki bu, 1980\u2019lerden bu yana resesyon olmayan bir d\u00f6nemde yap\u0131lan en sert indirimlerin beklendi\u011fi anlam\u0131na geliyor. Ancak temmuz ay\u0131nda keskin bir \u015fekilde so\u011fuyan i\u015fg\u00fcc\u00fc piyasas\u0131n\u0131n toparlanma emareleri g\u00f6stermesi ihtimali &#8211; \u00f6zellikle de cuma g\u00fcnk\u00fc verilerde- tahvil bo\u011falar\u0131 i\u00e7in bir risk olu\u015fturuyor.<\/p>\n<\/div>\n<div>\n<p>Columbia Threadneedle Investments\u2019ta faiz stratejisti olan Ed Al-Hussainy, \u201cB\u00fcy\u00fck ralliyi ka\u00e7\u0131rd\u0131ysan\u0131z, \u015fimdi onu takip etmek biraz tehlikeli olacak.<\/p>\n<p>Burada i\u015fg\u00fcc\u00fc piyasas\u0131n\u0131n istikrar kazanmas\u0131 ya da h\u0131zla k\u00f6t\u00fcle\u015fmesi olas\u0131l\u0131\u011f\u0131yla oynuyoruz. Y\u0131l\u0131n geri kalan\u0131 i\u00e7in tart\u0131\u015fma konusu bu\u201d yorumunu yapt\u0131. Tahvil pozisyonlar\u0131n\u0131 art\u0131rma e\u011filimini korudu\u011funu belirten Al-Hussainy, yine de bunun \u201cbasit bir yat\u0131r\u0131m olmad\u0131\u011f\u0131n\u0131\u201d s\u00f6yledi.<\/p>\n<\/div>\n<\/p>\n<p><\/p>\n<p>Kaynak :\u00a0<span style=\"background-color: rgb(255, 249, 236); color: rgb(55, 58, 60); font-size: 14px;\">Bloomberg HT<\/span><\/p>\n<p><span style=\"display: block; width: 343.125px; color: rgb(55, 58, 60); font-size: 14px; background-color: rgb(255, 249, 236);\"><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABD\u2019de tahvil fiyatlar\u0131 Fed\u2019in yak\u0131nda faiz oranlar\u0131n\u0131 d\u00fc\u015f\u00fcrmeye ba\u015flayaca\u011f\u0131 beklentisiyle y\u00fckseliyor ve bu da yat\u0131r\u0131mc\u0131lar\u0131n ABD ekonomisinin g\u00fcc\u00fcn\u00fc hafife almas\u0131 riskini do\u011furuyor.<\/p>\n","protected":false},"author":1,"featured_media":75671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2112],"class_list":["post-75670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-tahvil"],"_links":{"self":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/75670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/comments?post=75670"}],"version-history":[{"count":1,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/75670\/revisions"}],"predecessor-version":[{"id":75672,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/posts\/75670\/revisions\/75672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media\/75671"}],"wp:attachment":[{"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/media?parent=75670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/categories?post=75670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekamu.net\/index.php\/wp-json\/wp\/v2\/tags?post=75670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}