美国7年期国债 (US7Y) 加自选

美国股市期货周五小幅下跌，因华尔街的连败仍在继续。在延长交易中，尽管季度业绩强劲，但Netflix仍下跌了5%，但该流媒体表示，2025年将不再报告订阅数量。在周四的常规交易中，标准普尔500指数和纳斯达克综合指数分别下跌0.22%和0.52%，连续第五个交易日下跌，本周迄今分别下跌2.2%和3.6%。与此同时，道琼斯指数小幅上涨0.06%，但也将连续第三周下跌。这些损失发生之际，投资者减少了对美联储降息的押注，并开始考虑今年根本不降息的可能性。明尼阿波利斯联储主席尼尔·卡什卡利呼吁对政策调整保持耐心，称第一步可能要到2025年才能进行。投资者现在期待着周五宝洁、美国运通和SLB等公司的更多盈利报告。

US stock futures edged lower on Friday as the losing streak on Wall Street continues. In extended trading, Netflix dropped 5% despite strong quarterly results, but the streamer said it would no longer report subscription numbers in 2025. In regular trading on Thursday, the S&P 500 and Nasdaq Composite fell 0.22% and 0.52%, respectively, sliding for the fifth straight session and down 2.2% and 3.6%, respectively, so far this week. Meanwhile, the Dow inched up 0.06% but is also set to decline for the third straight week. Those losses came as investors scaled back bets on Federal Reserve rate cuts and started entertaining the possibility of no reductions at all this year. Minneapolis Fed President Neel Kashkari called for patience in policy adjustment, saying the first move may not take place until 2025. Investors now look ahead to more earnings reports on Friday from Procter & Gamble, American Express and SLB, among others.

美国股市周三收盘涨跌互现，标准普尔500指数和纳斯达克指数连续5天下跌，分别下跌0.2%和0.5%，道琼斯指数上涨24点。交易员们继续消化最新的企业业绩、包括首次申领失业救济金和费城联储制造业指数在内的强劲经济数据，以及长期利率上升的前景。半导体类股跌幅最大，除英伟达（+0.7%）外，其他半导体类股均为负值，而台湾半导体制造业在人工智能需求强劲的情况下实现了一年来的首次利润增长。在德意志银行将特斯拉评级从买入下调至持有后，特斯拉股价下跌3.5%。另一方面，Meta在宣布其AI助手后上涨1.5%。拉斯维加斯金沙集团股价下跌8.6%，此前第一季度营收略高于预期。网飞公司定于今天收盘后公布财报。

US stocks closed mixed on Wednesday, as the S&P 500 and the Nasdaq booked their 5-day losing streak, down 0.2% and 0.5%, respectively, while the Dow Jones added 24 points. Traders continue to digest fresh corporate results, strong economic data including initial claims and the Philadelphia Fed Manufacturing Index and prospects of higher-for-longer interest rates. Semiconductors stocks dragged the most as all were trading in the negative territory except Nvidia (+0.7%) while Taiwan Semiconductor Manufacturing booked its first profit rise in a year amid strong AI demand. Tesla dropped 3.5% after a Deutsche Bank downgrade to hold from buy. On the other hand, Meta advanced 1.5% after announcing its AI assistant. Las Vegas Sands fell 8.6% after Q1 revenue narrowly beat forecasts. Netflix is due to report earnings today after the closing bell.

美国股市扭转了早些时候的涨幅，在下午的交易中下跌，标准普尔500指数和纳斯达克指数有望连续5天下跌，分别下跌0.3%和0.5%。道琼斯指数也放弃了早些时候290点的涨幅，小幅下跌0.1%。交易员们继续消化最新的企业业绩、包括首次申领失业救济金和费城联储制造业指数在内的强劲经济数据，以及长期利率上升的前景。半导体类股跌幅最大，除英伟达（+0.6%）外，其他半导体类股均为负值，而台湾半导体制造业在人工智能需求强劲的情况下实现了一年来的首次利润增长。在德意志银行将特斯拉评级从买入下调至持有后，特斯拉股价下跌约2.4%。拉斯维加斯金沙集团股价下跌7%，此前第一季度营收略高于预期。另一方面，Meta在宣布其AI助手后上涨2.3%。网飞公司定于今天收盘后公布财报。

Stocks in the US reversed earlier gains and turned lower in afternoon trading, with the S&P 500 and the Nasdaq on track to book a 5-day losing streak, down 0.3% and 0.5%, respectively. The Dow Jones also gave up earlier gains of 290 points and edged lower by 0.1%. Traders continue to digest fresh corporate results, strong economic data including initial claims and the Philadelphia Fed Manufacturing Index and prospects of higher-for-longer interest rates. Semiconductors stocks dragged the most as all were trading in the negative territory except Nvidia (+0.6%) while Taiwan Semiconductor Manufacturing booked its first profit rise in a year amid strong AI demand. Tesla dropped about 2.4% after a Deutsche Bank downgrade to hold from buy. Las Vegas Sands was down 7% after Q1 revenue narrowly beat forecasts. On the other hand, Meta advanced 2.3% after announcing its AI assistant. Netflix is due to report earnings today after the closing bell.

根据房地美的数据，截至4月18日，30年期固定抵押贷款的平均利率飙升至7.1%，比前一周高出22个基点，达到11月以来的最高水平。这一结果与长期国债收益率的大幅上升相一致，因为人们对美联储的预期越来越强硬。去年同期，30年期固定抵押贷款的平均利率为6.39%。房地美首席经济学家Sam Khater表示：“30年期固定利率抵押贷款今年首次超过7%，本周从6.88%跃升至7.10%。”。“随着利率的上升，潜在的购房者正在决定是在利率进一步上升之前买房，还是推迟买房，希望在今年晚些时候降价。上周，购房申请略有上升，但目前尚不清楚未来有多少购房者能够承受不断上升的利率。”

The average rate on a 30-year fixed mortgage soared to 7.1% as of April 18th, 22bps above the previous week to the highest since November, according to data from Freddie Mac. The result was in line with the sharp rise in long-dated Treasury yields amid the increasingly hawkish expectations for the Federal Reserve. In the corresponding period of the previous year, the average rate on a 30-year fixed mortgage was 6.39%. “The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates trend higher, potential homebuyers are deciding whether to buy before rates rise even more or hold off in hopes of decreases later in the year. Last week, purchase applications rose modestly, but it remains unclear how many homebuyers can withstand increasing rates in the future.”