Borrowing Advisory Committee, which consists of senior representatives from investment 部的高级代表组成。
funds and banks and the US
Treasury.
Some members of the TBAC, which includes representatives from JPMorgan, Goldman Sachs, RBS, Pimco, BlackRock, Moore Capital Management and Soros
Fund Management, said the size of 10- and 30-year Treasury sales “should be cut slightly”.
One member highlighted recent
dislocations in the bond market between 10- and 30-year yields, which reflect in part investor 其中，摩根大通
(JPMorgan)、高盛(Goldman Sachs)、苏格兰皇家银行(RBS)、太平洋投资管理公司
(Pimco)、贝莱德
(BlackRock)、摩尔资本管理(Moore Capital Management)和索罗斯基金管理(Soros Fund Management)等公司派出的代表提出，“应略微缩减”10年期和30年期国债的发行
规模。
一位委员着重指出，近期
10年期和30年期国债收益率之间出现脱节，一定程度上是因为投资者对庞大的债券发行
concerns about hefty debt sales. 规模感到担心。本周，30年期This week the yield for 30-year 国债收益率比10年期国债高bonds rose to a record level of 出114个基点，创历史最高水114 basis points above that of
the 10-year note. Others in the TBAC, however
said small cuts in long-term debt sales would not have much “substantive purpose”. One member argued that cutting
long-term debt sales might not be wise at this juncture as there was no consensus about lowering future government spending.
平。
其他委员则表示，小幅削
减长期债券发行规模不会有多
大“实质作用”。一位委员认为，在这种时节，削减长期债券发行规模可能不明智，因为
大家并未就减少未来政府支出形成共识。