EPISODE · Oct 30, 2025 · 6 MIN
EP58 債券投資不踩雷:用黃金法則在降息潮中穩穩獲利
from 楊博士:揭密法人投資思維
凱爾五大定理是我們在債市中決策的基石。在當前 Fed 逐漸開始轉向寬鬆的環境下,我們應採取的總體策略是:「長天期、低票息」,找到合適的債券ETF標的,進行較高勝率的投資。必須注意的是,假如利率是呈現緩慢的下降而非快速的下降,那麼這樣的策略投資,可能不會立即有效果,而且等待時間可能非常的長。通常以機構法人的投資方式,第一階段的投資,通常會選擇年限較短的非投資等級公司債ETF為主要投資選項,因為例如現階段的景氣仍然處於熱絡的情況,再加上相對的利率還是在高水位,具備高利息收入的進可攻退可守,第二階段的投資,當景氣出現反轉或衰退的時候,機構法人會轉向投資長天息、低票息的債券ETF。 -- Hosting provided by SoundOn
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EP58 債券投資不踩雷:用黃金法則在降息潮中穩穩獲利
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