彭博晚報｜Evening Briefing Americas

2026-09-24 · 主題 America’s bond woes

本頁是個人學習用摘要，以雙語重述公開可查的新聞主題與關鍵詞，並非彭博原文轉載或還原。原文請見公開通訊連結。

一、美債：三十年殖利率創 2004 年來新高

US 30-year yield hits its highest level since 2004 as the global bond selloff deepens

• 美國周四公債續弱：最長天期公債殖利率升至逾二十年來最高，延續全球債市拋售。
• US long-dated Treasuries kept selling off on Thursday, with the 30-year yield climbing to its highest mark in more than two decades amid a global bond rout.
• 通膨壓力與約四十兆美元的美國政府債務存量，被視為這波賣壓的核心背景。
• Inflation worries and roughly $40 trillion of outstanding US government debt sit behind the broader move.
• 美以俄相關衝突推升油價，五至三十年期公債殖利率齊創多年高；三十年期最多升約七個基點至約 5.47%，為 2004 年以來最高。
• Conflicts involving the US, Israel, and Russia helped lift oil prices, which in turn pushed five- to 30-year yields to multiyear highs; the 30-year rose as much as seven basis points to about 5.47%, its highest since 2004.
• 歐洲多數公債殖利率亦偏升；日本市場連休後重開，十年期公債殖利率升至約 1996 年來水準。
• European yields were mostly higher too, while Japan’s 10-year yield jumped to levels last seen around 1996 after a three-day market holiday.
• 摩根大通與 KKR 等機構策略師認為，能源通膨、重融資需求與央行再緊縮風險，仍可能把美債殖利率推得更高。
• Strategists at JPMorgan and KKR see room for US yields to climb further if energy-driven inflation, heavy government borrowing, and the risk of more central-bank tightening persist.

二、習特會：台灣獨立與人工智慧競爭

Xi presses Trump to oppose Taiwan independence as AI rivalry hangs over the state visit

• 中國國家主席習近平敦促美方「反對」台灣獨立，被視為對特朗普政府在台海立場最直接的施壓之一。
• Chinese leader Xi Jinping urged the US to “oppose” Taiwan independence, his most explicit push for President Trump to shift America’s stance on the island democracy.
• 周四峰會亦觸及人工智慧競賽：美方強調盡量少設限以保住領先，中方則批評美對半導體等投入的出口管制。
• At their Thursday summit the two also addressed AI competition: Trump favors freer development to protect the US edge, while China criticizes American export controls on chips and related inputs.
• 白宮附近出現示威，凸顯國事訪問期間的外交與輿論張力。
• Protests near the White House underscored how charged the state visit remains for both capitals.

三、白宮：CNN 等媒體在禁令後重獲入場

CNN, MS NOW, and Politico regain White House access after a court fight over a Trump ban

• CNN、MS NOW 與 Politico 表示，記者在遭特朗普政府拒絕入場後，已重新獲准進入白宮。
• CNN, MS NOW, and Politico said their journalists were readmitted after the Trump administration had denied them access in defiance of a judge’s order.
• 總統律師在法院文件中稱已恢復相關媒體通行；上周禁令被指可能抵觸美國憲法保障。
• Trump’s lawyers told the court they had restored access; last week’s ban had drawn claims it collided with constitutional press freedoms.
• 由特朗普任命的地區法官 Timothy J. Kelly 認定媒體一方很可能勝訴，並要求白宮回應為何似未執行其命令。
• US District Judge Timothy J. Kelly, a Trump appointee, said the outlets cleared a high bar for likely success on the merits and pressed the White House over apparent noncompliance.
• 法官指出欠缺正當程序、侵害憲法自由，以及整體公共利益，是裁定關鍵。
• His reasoning cited lack of due process, harm to constitutional freedoms, and the broader public interest.

四、私募股權：致富路徑變陡，附帶權益縮水

Private equity’s path to big payouts is getting harder as firms hold assets longer

• 私募買斷業持有公司時間拉長，交易員與交易團隊較難及時兌現大額附帶權益。
• Buyout firms are holding companies longer, so dealmakers are missing the big carried-interest windfalls that once defined the career path.
• 部分從業人員因此重新評估是否繼續留在這一行。
• Some are reconsidering whether the job still delivers the upside they signed up for.

五、Anthropic：與 Akamai 簽下逾百億運算合約

Anthropic signs an $11.6 billion, seven-year computing deal with Akamai

• Anthropic 與 Akamai Technologies 簽訂約 116 億美元、為期七年的運算能力合約，擴大其資料中心供應鏈。
• Anthropic struck an about $11.6 billion, seven-year contract with Akamai for computing capacity, adding another large data-center partnership.
• Akamai 將提供中央處理器（CPU）資源；這類通用晶片在支援 AI 服務的資料中心需求回升。
• Akamai will supply CPU access — generalist chips that are again in demand as data centers support AI workloads.
• 交易亦含認股權：Anthropic 可買入可轉換為約 770 萬股普通股的 B 輪股份。
• Akamai also issued a warrant letting Anthropic buy Series B shares that convert into roughly 7.7 million common shares.
• Akamai 營收仍以內容傳遞與資安為主，但正加速切入運算成長市場。
• Most of Akamai’s sales still come from content delivery and cybersecurity, but it is pushing harder into computing for growth.

六、Oracle：以不可抗力因應爭議資料中心

Oracle cites force majeure to limit costs on a contested New Mexico data center

• 甲骨文（Oracle）援引「不可抗力」條款，試圖降低新墨西哥州一座大型爭議資料中心的成本曝險。
• Oracle is invoking force majeure to avoid racking up expenses on a massive New Mexico data-center project facing opposition and regulatory setbacks.
• 此舉為已受地方阻力與審批拖延的專案再添變數。
• The move adds another wrinkle to a build already slowed by local pushback and permitting trouble.

七、房市：房貸約 7%，賣方加速砍價

Mortgage rates near 7% push more US home sellers to cut asking prices

• 美國房貸利率約 7%，雖遠低於 1980 年代兩位數水準，卻已讓許多買家卻步，賣方壓力上升。
• Mortgage rates near 7% are far below 1980s double-digit peaks, yet they are still enough to make buyers hesitate and leave sellers feeling the strain.
• Redfin 數據顯示：八月近五分之一待售屋調降標價，為該月自 2020 年有統計以來最高占比。
• Nearly one in five US homes for sale had a price cut in August, the highest August share in Redfin data back to 2020.
• 典型房屋掛牌約 50 天，高於約三年前利率接近 8% 時的 36 天；待售庫存約 150 萬戶，較 2023 年增加約 46%，買家議價空間擴大。
• The typical home spent about 50 days on market, up from 36 when rates neared 8% almost three years ago, and inventory of about 1.5 million homes — up roughly 46% from 2023 — gives buyers more room to negotiate.

八、能源：柴油出口禁令恐先降價後反噬

A Trump-backed US diesel export ban could lower prices at first, then hurt supply

• 分析指，若美國推動柴油出口禁令，初期或能壓低國內油價。
• Analysts say a Trump-backed diesel export ban could cut US pump prices at first.
• 約一個月後情況可能惡化：儲存誘因下降、利潤受擠壓，煉廠可能減產，連帶影響各類油品供應。
• After about a month the picture could sour: storage becomes less attractive, margins squeeze, and refiners may process fewer barrels and make less fuel of all kinds.

九、明日觀察

What to watch tomorrow

• 伊朗戰事：美伊據稱研議分階段協議以重開荷姆茲 · US and Iran are said to be exploring a phased deal to reopen Hormuz
• 南美：米萊否認衰退論調，稱對連任「保持冷靜」 · Milei rejects recession talk and says he is calm about reelection
• 天氣：夏威夷再迎颶風威脅，風暴 Nolo 逼近 · Hawaii faces another hurricane threat as storm Nolo approaches
• 零售：星巴克擬關閉約 250 家門市，資源轉向潛力店 · Starbucks plans to cut about 250 locations to fund stronger stores
• 經濟：應對 AI 就業衝擊的七大政策構想 · Seven big ideas for responding to an AI jobs crisis
• 觀點：祖克柏「電子寵物式」AI 或成 Meta 的 iPod 時刻 · Zuckerberg’s Tamagotchi-like AI could be Meta’s iPod moment
• 商業週刊：FIGS 同時為 HBO《The Pitt》與真實醫護供應制服 · FIGS outfits HBO’s The Pitt cast and real doctors alike

十、週末觀點：模擬聯合國仍熱絡

Weekend edition: Model UN thrives even as the real UN struggles

• 真實聯合國正面臨預算緊縮與「是否仍相關」的質疑，但數千名學生仍熱衷扮演外交官。
• As the real United Nations battles shrinking budgets and doubts about its relevance, thousands of students remain eager to play diplomat in Model UN.
• 這形成對比：機構本身承壓，校園模擬外交活動卻持續擴張。
• The contrast is striking: the institution is under strain while the campus simulation culture keeps growing.