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渭南市(临渭区、蒲城县、华州区、澄城县、白水县、华阴市、潼关县、韩城市、大荔县、合阳县、富平县)
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吴忠市(利通区、盐池县、青铜峡市、红寺堡区、同心县)








电话:2025 南平市(邵武市、延平区、浦城县、光泽县、建瓯市、政和县、顺昌县、武夷山市、建阳区、松溪县)
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海东市(民和回族土族自治县、化隆回族自治县、平安区、乐都区、循化撒拉族自治县、互助土族自治县)
包头市(青山区、白云鄂博矿区、固阳县、达尔罕茂明安联合旗、土默特右旗、昆都仑区、东河区、九原区、石拐区)
宿迁市(泗阳县、宿豫区、宿城区、沭阳县、泗洪县)
资阳市(安岳县、雁江区、乐至县)
仙桃市(神农架林区、潜江市、天门市)
德阳市(绵竹市、什邡市、罗江区、中江县、旌阳区、广汉市)








澳门特别行政区
鸡西市(城子河区、密山市、恒山区、梨树区、鸡冠区、鸡东县、滴道区、麻山区、虎林市)
济源市
郑州市(巩义市、荥阳市、新郑市、中原区、新密市、中牟县、登封市、金水区、上街区、惠济区、管城回族区、二七区)
淄博市(博山区、周村区、沂源县、高青县、淄川区、张店区、桓台县、临淄区)
玉树藏族自治州(杂多县、玉树市、曲麻莱县、治多县、囊谦县、称多县)
克孜勒苏柯尔克孜自治州(阿合奇县、阿图什市、乌恰县、阿克陶县)
乌海市(乌达区、海南区、海勃湾区)
茂名市(电白区、高州市、化州市、茂南区、信宜市)

  来源:华尔街见闻

  特朗普关税政策带来的动荡导致长期美债收益率上周急剧上升,导致大规模的基差交易崩盘。4月第一周,AlphadyneInternationalFund录得2.4%的跌幅,截至上周五,该基金当月亏损进一步扩大至10%,年内跌约8%。

  管理约100亿美元的对冲基金Alphadynet成为美债基差交易崩溃的首位受害者。

  随着特朗普关税政策引发基差交易历史性崩溃,对冲基金AlphadyneAssetManagement的主要基金已损失了数亿美元。

  根据彭博社报道,4月第一周,AlphadyneInternationalFund录得2.4%的跌幅,截至上周五,该基金当月亏损进一步扩大至10%,年内跌约8%。据介绍,该基金专注于宏观和固定收益相对价值交易,资产管理规模约为100亿美元。

  报道引述知情人士的消息称,该公司的“相对价值押注”(这是对基差交易的委婉说法)造成了大部分损失,而对日本资产的错误下注也加剧了跌幅。

  这种规模的损失对于一个专注于相对价值策略的基金来说极为罕见,因其策略理论上应该是市场中性的,但对美债基差交易的高杠杆押注使得即使是细微的市场波动也能造成巨大影响。

  美债基差交易是利用美国国债期货和现货市场之间的价差获利的交易策略,通常涉及大量借贷,这使得交易员在不利情况时容易迅速退出。当退出大规模发生时,就会扰乱市场。

  特朗普关税政策带来的动荡导致长期美债收益率上周急剧上升,导致大规模的基差交易崩盘,Alphadyne并非唯一一个受害者。

  据报道,Tudor交易员AlexanderPhillips在4月截至上周初已损失约1.4亿美元,抹去了2024年4月前的所有收益。与此同时,EislerCapital投资组合经理BarryPiafsky及其团队在持续的市场抛售中损失数百万美元后被迫停止交易。

  由于关税政策引发衰退担忧,对日本央行货币政策正常化的路径构成挑战,日本5年期/30年期收益率曲线继续走陡,一度接近历史记录水平,日元利率交易员同样遭受广泛损失。

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