{"id":235482,"date":"2025-04-04T15:46:24","date_gmt":"2025-04-04T15:46:24","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=235482"},"modified":"2025-04-04T15:46:24","modified_gmt":"2025-04-04T15:46:24","slug":"investitorii-fug-spre-siguranta-randamentele-obligatiunilor-americane-scad-sub-4-pe-fondul-turbulentelor-provocate-de-tarifele-lui-trump-pretul-aurului-a-urcat-la-peste-3130-de-dolari-uncia","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=235482","title":{"rendered":"Investitorii fug spre siguran\u0163\u0103: randamentele obliga\u0163iunilor americane scad sub 4% pe fondul turbulen\u0163elor provocate de tarifele lui Trump. Pre\u0163ul aurului a urcat la peste 3130 de dolari uncia"},"content":{"rendered":"<p>\nUn val de \u201efug\u0103 c\u0103tre active de calitate\u201d a \u00eempins randamentele obliga\u0163iunilor americane pe 10 ani sub pragul de 4% pentru prima dat\u0103 de la alegerea lui Donald Trump, investitorii c\u0103ut\u00e2nd refugii sigure \u00een contextul turbulen\u0163elor de pe pie\u0163ele financiare, declan\u015fate de noile tarife impuse de pre\u015fedintele SUA.<\/p>\n<p>\nVineri, randamentele obliga\u0163iunilor americane pe 10 ani au sc\u0103zut cu peste 0,36 puncte procentuale, ajung\u00e2nd la 3,88%, pe m\u0103sur\u0103 ce cererea pentru aceste titluri a crescut semnificativ \u2013 marc\u00e2nd cea mai bun\u0103 s\u0103pt\u0103m\u00e2n\u0103 pentru titlurile de stat americane din august \u00eencoace.<\/p>\n<p>\nAceast\u0103 evolu\u0163ie vine \u00een contextul unei v\u00e2nz\u0103ri masive pe pie\u0163ele bursiere din SUA \u015fi al unei pr\u0103bu\u015firi a dolarului, ambele \u00eenregistr\u00e2nd joi cele mai slabe performan\u0163e din ultimii ani. Cre\u015fterile obliga\u0163iunilor americane au dep\u0103\u015fit chiar \u015fi evolu\u0163ia altor active considerate sigure, cum ar fi datoria guvernamental\u0103 german\u0103 \u015fi aurul.<\/p>\n<p>\nInvestitorii au achizi\u0163ionat masiv titluri de stat americane, miz\u00e2nd pe faptul c\u0103 tarifele impuse de Trump ar putea \u00eempinge economia SUA spre recesiune. \u00cens\u0103 administratorii de fonduri spun c\u0103 aceast\u0103 mi\u015fcare reflect\u0103 \u015fi o revenire la un model tradi\u0163ional, \u00een care sc\u0103derile bursiere puternice determin\u0103 investitorii s\u0103 caute siguran\u0163a oferit\u0103 de datoria guvernamental\u0103.<\/p>\n<p>\n\u201eRandamentele obliga\u0163iunilor americane scad brusc, deoarece investitorii ies din activele riscante \u015fi se refugiaz\u0103 \u00een cele sigure, anticip\u00e2nd c\u0103 Rezerva Federal\u0103 va reduce dob\u00e2nzile pentru a evita o recesiune,\u201d a declarat Nicolas Trindade, manager senior de portofoliu la divizia de investi\u0163ii a Axa.<\/p>\n<p>\n\u201eEste o situa\u0163ie complet diferit\u0103 fa\u0163\u0103 de 2022, c\u00e2nd at\u00e2t activele riscante, c\u00e2t \u015fi obliga\u0163iunile suverane au fost afectate simultan.\u201d<\/p>\n<p>\nPre\u0163ul aurului a urcat la peste&nbsp;3130 de dolari uncia.&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Un val de \u201efug\u0103 c\u0103tre active de calitate\u201d a \u00eempins randamentele obliga\u0163iunilor americane pe 10 ani sub pragul de 4% pentru prima dat\u0103 de la alegerea lui Donald Trump, investitorii c\u0103ut\u00e2nd refugii sigure \u00een contextul turbulen\u0163elor de pe pie\u0163ele financiare, declan\u015fate de noile tarife impuse de pre\u015fedintele SUA. Vineri, randamentele obliga\u0163iunilor americane pe 10 ani [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[21816,369],"class_list":["post-235482","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-americane","tag-obligatiuni"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/235482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=235482"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/235482\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=235482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=235482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=235482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}