{"id":1740,"date":"2025-01-10T18:37:40","date_gmt":"2025-01-10T18:37:40","guid":{"rendered":"https:\/\/europaskolos.lt\/index.php\/2025\/01\/10\/pristatome-jav-5-metu-pajamingumo-indeksa\/"},"modified":"2025-01-10T18:37:40","modified_gmt":"2025-01-10T18:37:40","slug":"pristatome-jav-5-metu-pajamingumo-indeksa","status":"publish","type":"post","link":"https:\/\/europaskolos.lt\/index.php\/2025\/01\/10\/pristatome-jav-5-metu-pajamingumo-indeksa\/","title":{"rendered":"Pristatome JAV 5 met\u0173 pajamingumo indeks\u0105"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-23361\">&#13;<br \/>\n\t\t\t\t<!-- .entry-header -->&#13;<br \/>\n&#13;<\/p>\n<div class=\"entry-content\">\n<p>Infliacijos rizika v\u0117l yra aktuali, kaip ir aptariau \u0161i\u0105 savait\u0119. D\u0117l to obligacij\u0173 rinka reikalauja didesn\u0117s pajamingumo priemokos, kad kompensuot\u0173 galimyb\u0119, kad infliacija bus didesn\u0117, nei tik\u0117tasi pastaruoju metu. Klausimas investuotojams: ar, atsi\u017evelgiant \u012f dabartinius infliacijos l\u016bkes\u010dius, pakanka i\u017edo pajamingumo padid\u0117jimo? Pirmajame i\u0161 serijos nauj\u0173 indeks\u0173, padedan\u010di\u0173 i\u0161siai\u0161kinti atsakym\u0105, pa\u017evelkite \u012f CapitalSpectator.com JAV 5 met\u0173 pajamingumo indeks\u0105 (YOI).<\/p>\n<p>Koncepcija yra palyginti nominali\u0105 5 met\u0173 i\u017edo pajamingum\u0105 su rinka pagr\u012fst\u0173 infliacijos l\u016bkes\u010di\u0173 indeksu ir Klivlando Fed modeliu. Sklaida yra matas <em>giminaitis<\/em> apeliacinis skundas d\u0117l dabartin\u0117s 5 met\u0173 normos. Nor\u0117damas i\u0161matuoti infliacijos l\u016bkes\u010dius, atitinkan\u010dius 5 met\u0173 termin\u0105, naudoju tris duomen\u0173 rinkinius: 5 met\u0173 nepertraukiam\u0105 infliacijos lyg\u012f, 5 met\u0173, 5 met\u0173 i\u0161ankstin\u012f infliacijos rodikl\u012f ir 5 met\u0173 numatomos infliacijos model\u012f.<\/p>\n<p>Dabartinis YOI rodmuo rodo gana didel\u012f 5 met\u0173 pajamingumo skirtum\u0105, palyginti su trij\u0173 b\u016bsimos infliacijos \u012fver\u010di\u0173 vidurkiu: beveik +2,1 procentinio punkto sausio 9 d.<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p>Ar \u0161iuo metu esantis +2,1 nominaliojo 5 met\u0173 i\u017edo pajamingumo skirtumas kompensuoja \u0161iandienos penkeri\u0173 met\u0173 infliacijos prognoz\u0119? Visada yra vietos diskusijoms, vis\u0173 pirma tod\u0117l, kad ateitis visada neai\u0161ki. Galime dr\u0105siai teigti, kad priemoka \u0161iuo metu yra gana didel\u0117, palyginti su naujausia istorija. Dar rugs\u0117j\u012f skirtumas buvo gerokai ma\u017eesnis +1,3 procentinio punkto. Pagal \u0161\u012f standart\u0105 rinka \u0161iomis dienomis si\u016blo palyginti geresn\u012f pasi\u016blym\u0105.<\/p>\n<p>Atkreipkite d\u0117mes\u012f, kad \u0161iuo metu taip pat galite u\u017edirbti 2,0% reali\u0105 pajamingum\u0105 i\u0161 infliacijos indeksuoto i\u017edo (ty 5 met\u0173 TIPS). I\u0161 tikr\u0173j\u0173 nominalus 5 met\u0173 pajamingumas ir infliacija indeksuotas 5 met\u0173 pelningumas yra konkurencingi. Ta\u010diau taip b\u016bna ne visada. B\u016bsimame straipsnyje pa\u017evelgsiu \u012f dviej\u0173 investuotoj\u0173 prieinam\u0173 i\u017edo pajamingumo palyginim\u0105 laikui b\u0117gant, atkreipdamas d\u0117mes\u012f \u012f galimybes rasti vien\u0105 ir kit\u0105.<\/p>\n<p><!-- Link Wrapper --><\/p>\n<p><img decoding=\"async\" style=\"width: 910px; height: auto;\" src=\"https:\/\/i.imgur.com\/UdRz0tc.jpg\" alt=\"Paspaud\u017eiamas vaizdas\"\/><\/p>\n<\/p><\/div>\n<p><!-- .entry-content -->&#13;<br \/>\n\t\t&#13;<\/p>\n<footer class=\"entry-meta\">James Picerno | <time class=\"entry-date\" datetime=\"2025-01-10T08:05:32-05:00\">2025 m. sausio 10 d<\/time> \t\t\t\t\t\t | \t\t\t<span class=\"leave-reply\">komentuoti<\/span>\t\t\t\t\t\t<?php \/\/ edit_post_link( __( 'Edit', 'twentytwelve' ), '<span class=\"edit-link\"?>&#8216;, &#8221; ); ?><br \/>\n\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->&#13;\n\t<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.capitalspectator.com\/introducing-the-us-5-year-yield-opportunity-index\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#13; &#13; &#13; Infliacijos rizika v\u0117l yra aktuali, kaip ir aptariau \u0161i\u0105 savait\u0119. D\u0117l to obligacij\u0173 rinka reikalauja didesn\u0117s pajamingumo priemokos, kad kompensuot\u0173 galimyb\u0119, kad infliacija bus didesn\u0117, nei tik\u0117tasi pastaruoju metu. Klausimas investuotojams: ar, atsi\u017evelgiant \u012f dabartinius infliacijos l\u016bkes\u010dius, pakanka i\u017edo pajamingumo padid\u0117jimo? Pirmajame i\u0161 serijos nauj\u0173 indeks\u0173, padedan\u010di\u0173 i\u0161siai\u0161kinti atsakym\u0105, pa\u017evelkite \u012f CapitalSpectator.com [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1741,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[3033,13,344,346,3032],"class_list":["post-1740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomika-finansai-bankininkyste","tag-indeksa","tag-jav","tag-metu","tag-pajamingumo","tag-pristatome"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/posts\/1740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/comments?post=1740"}],"version-history":[{"count":0,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/posts\/1740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/media\/1741"}],"wp:attachment":[{"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/media?parent=1740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/categories?post=1740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/europaskolos.lt\/index.php\/wp-json\/wp\/v2\/tags?post=1740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}