恆生(00011.HK):相信市場對今年息口趨勢向下信心有增無減
恆生銀行(00011.HK)財富管理首席投資總監梁君馡表示,美國聯儲局一如市場預期維持利率不變,議息後市場資金的立即反應是美股獲利回吐,而美國長期國債價格上漲,長債利率下滑並跌穿4厘水平。該行相信市場對於今年息口趨勢向下的信心有增無減,料資金將繼續流入投資級別美債市場,鎖定未來幾年的收益率,利率向下期間亦會提升債券整體回報。
美股方面,梁君馡表示,過去數月由於市場對於聯儲局減息幅度的憧憬非常大,相信已大致反映於近日不停創新高的美股指數。美國企業科技的發展及AI應用將帶動生產力及經濟表現,長期仍是利好因素,但畢竟美股科技板塊估值已高,較易出現大幅波動,未來應採取股債並重的投資策略。
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