{"id":2715,"date":"2026-04-29T02:50:02","date_gmt":"2026-04-29T02:50:02","guid":{"rendered":"https:\/\/tradekhongngutrua.com\/?p=2715"},"modified":"2026-04-29T02:50:03","modified_gmt":"2026-04-29T02:50:03","slug":"moi-quan-he-giua-trai-phieu-va-thi-truong-forex","status":"publish","type":"post","link":"https:\/\/tradekhongngutrua.com\/index.php\/2026\/04\/29\/moi-quan-he-giua-trai-phieu-va-thi-truong-forex\/","title":{"rendered":"M\u1ed1i quan h\u1ec7 gi\u1eefa tr\u00e1i phi\u1ebfu v\u00e0 th\u1ecb tr\u01b0\u1eddng Forex"},"content":{"rendered":"\n

Trong th\u1ebf gi\u1edbi t\u00e0i ch\u00ednh, th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu v\u00e0 forex c\u00f3 m\u1ed1i li\u00ean h\u1ec7 ch\u1eb7t ch\u1ebd, nh\u01b0ng l\u1ea1i th\u01b0\u1eddng b\u1ecb nhi\u1ec1u trader m\u1edbi b\u1ecf qua. Th\u1ef1c t\u1ebf, bi\u1ebfn \u0111\u1ed9ng c\u1ee7a tr\u00e1i phi\u1ebfu \u2013 \u0111\u1eb7c bi\u1ec7t l\u00e0 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u2013 c\u00f3 th\u1ec3 cung c\u1ea5p nh\u1eefng t\u00edn hi\u1ec7u c\u1ef1c k\u1ef3 quan tr\u1ecdng v\u1ec1 th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7.<\/p>\n\n\n\n

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Tr\u01b0\u1edbc h\u1ebft, c\u1ea7n hi\u1ec3u r\u1eb1ng l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu (bond yield)<\/strong> v\u00e0 gi\u00e1 tr\u00e1i phi\u1ebfu c\u00f3 m\u1ed1i quan h\u1ec7 ngh\u1ecbch \u0111\u1ea3o. Khi nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n tr\u00e1i phi\u1ebfu, gi\u00e1 gi\u1ea3m v\u00e0 l\u1ee3i su\u1ea5t t\u0103ng; ng\u01b0\u1ee3c l\u1ea1i, khi nhu c\u1ea7u mua t\u0103ng, l\u1ee3i su\u1ea5t s\u1ebd gi\u1ea3m. Ch\u00ednh l\u1ee3i su\u1ea5t n\u00e0y m\u1edbi l\u00e0 y\u1ebfu t\u1ed1 c\u00f3 \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng forex.<\/p>\n\n\n\n

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M\u1ed1i quan h\u1ec7 c\u1ed1t l\u00f5i n\u1eb1m \u1edf d\u00f2ng ti\u1ec1n. Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u1ee7a m\u1ed9t qu\u1ed1c gia t\u0103ng, \u0111i\u1ec1u \u0111\u00f3 \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c m\u1ee9c l\u1ee3i nhu\u1eadn cao h\u01a1n khi n\u1eafm gi\u1eef t\u00e0i s\u1ea3n b\u1eb1ng \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3. K\u1ebft qu\u1ea3 l\u00e0 d\u00f2ng v\u1ed1n qu\u1ed1c t\u1ebf s\u1ebd \u0111\u1ed5 v\u00e0o, k\u00e9o theo nhu c\u1ea7u \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng ti\u1ec1n t\u0103ng l\u00ean v\u00e0 l\u00e0m \u0111\u1ed3ng ti\u1ec1n m\u1ea1nh h\u01a1n.<\/p>\n\n\n\n

V\u00ed d\u1ee5 \u0111i\u1ec3n h\u00ecnh l\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 M\u1ef9 (U.S. Treasury)<\/strong>. Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu M\u1ef9 t\u0103ng, \u0111\u1ed3ng USD th\u01b0\u1eddng c\u00f3 xu h\u01b0\u1edbng m\u1ea1nh l\u00ean. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu l\u1ee3i su\u1ea5t gi\u1ea3m, USD c\u00f3 th\u1ec3 suy y\u1ebfu do d\u00f2ng ti\u1ec1n t\u00ecm ki\u1ebfm c\u01a1 h\u1ed9i t\u1ed1t h\u01a1n \u1edf c\u00e1c th\u1ecb tr\u01b0\u1eddng kh\u00e1c.<\/p>\n\n\n\n

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Ngo\u00e0i ra, tr\u00e1i phi\u1ebfu c\u00f2n ph\u1ea3n \u00e1nh k\u1ef3 v\u1ecdng v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7. Khi th\u1ecb tr\u01b0\u1eddng d\u1ef1 \u0111o\u00e1n r\u1eb1ng ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng s\u1ebd t\u0103ng l\u00e3i su\u1ea5t, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu th\u01b0\u1eddng t\u0103ng tr\u01b0\u1edbc. \u0110i\u1ec1u n\u00e0y gi\u00fap trader forex \u201c\u0111i tr\u01b0\u1edbc th\u1ecb tr\u01b0\u1eddng\u201d n\u1ebfu bi\u1ebft quan s\u00e1t. Ng\u01b0\u1ee3c l\u1ea1i, khi k\u1ef3 v\u1ecdng gi\u1ea3m l\u00e3i su\u1ea5t xu\u1ea5t hi\u1ec7n, l\u1ee3i su\u1ea5t c\u00f3 xu h\u01b0\u1edbng gi\u1ea3m v\u00e0 g\u00e2y \u00e1p l\u1ef1c l\u00ean \u0111\u1ed3ng ti\u1ec1n.<\/p>\n\n\n\n

M\u1ed9t kh\u00eda c\u1ea1nh quan tr\u1ecdng kh\u00e1c l\u00e0 vai tr\u00f2 c\u1ee7a tr\u00e1i phi\u1ebfu trong t\u00e2m l\u00fd \u201crisk-on\u201d v\u00e0 \u201crisk-off\u201d. Khi th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u1ed5n, nh\u00e0 \u0111\u1ea7u t\u01b0 th\u01b0\u1eddng chuy\u1ec3n sang mua tr\u00e1i phi\u1ebfu \u2013 \u0111\u1eb7c bi\u1ec7t l\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 c\u00e1c n\u01b0\u1edbc l\u1edbn \u2013 nh\u01b0 m\u1ed9t t\u00e0i s\u1ea3n tr\u00fa \u1ea9n. \u0110i\u1ec1u n\u00e0y khi\u1ebfn l\u1ee3i su\u1ea5t gi\u1ea3m v\u00e0 th\u01b0\u1eddng \u0111i k\u00e8m v\u1edbi vi\u1ec7c c\u00e1c \u0111\u1ed3ng ti\u1ec1n an to\u00e0n nh\u01b0 USD ho\u1eb7c JPY m\u1ea1nh l\u00ean. Ng\u01b0\u1ee3c l\u1ea1i, khi kh\u1ea9u v\u1ecb r\u1ee7i ro t\u0103ng, d\u00f2ng ti\u1ec1n r\u1eddi kh\u1ecfi tr\u00e1i phi\u1ebfu, l\u1ee3i su\u1ea5t t\u0103ng v\u00e0 c\u00e1c \u0111\u1ed3ng ti\u1ec1n r\u1ee7i ro c\u00f3 th\u1ec3 h\u01b0\u1edfng l\u1ee3i.<\/p>\n\n\n\n\n\n

\u1ee8ng d\u1ee5ng th\u1ef1c t\u1ebf trong trading forex l\u00e0 s\u1eed d\u1ee5ng l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu nh\u01b0 m\u1ed9t c\u00f4ng c\u1ee5 x\u00e1c nh\u1eadn xu h\u01b0\u1edbng. V\u00ed d\u1ee5, n\u1ebfu b\u1ea1n th\u1ea5y USD \u0111ang t\u0103ng gi\u00e1 v\u00e0 \u0111\u1ed3ng th\u1eddi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu M\u1ef9 k\u1ef3 h\u1ea1n 10 n\u0103m c\u0169ng t\u0103ng, \u0111\u00e2y l\u00e0 d\u1ea5u hi\u1ec7u c\u1ee7ng c\u1ed1 cho xu h\u01b0\u1edbng t\u0103ng c\u1ee7a USD. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu hai y\u1ebfu t\u1ed1 n\u00e0y \u0111i ng\u01b0\u1ee3c nhau, trader n\u00ean th\u1eadn tr\u1ecdng v\u00ec c\u00f3 th\u1ec3 th\u1ecb tr\u01b0\u1eddng \u0111ang thi\u1ebfu s\u1ef1 \u0111\u1ed3ng thu\u1eadn.<\/p>\n\n\n\n

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Tuy nhi\u00ean, gi\u1ed1ng nh\u01b0 m\u1ecdi c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch kh\u00e1c, m\u1ed1i quan h\u1ec7 gi\u1eefa tr\u00e1i phi\u1ebfu v\u00e0 forex kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o c\u0169ng v\u1eadn h\u00e0nh ho\u00e0n h\u1ea3o. N\u00f3 c\u00f3 th\u1ec3 b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c y\u1ebfu t\u1ed1 kh\u00e1c nh\u01b0 ch\u00ednh tr\u1ecb, d\u1eef li\u1ec7u kinh t\u1ebf ho\u1eb7c can thi\u1ec7p c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng. D\u1eef li\u1ec7u v\u1ec1 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu c\u0169ng ch\u1ec9 mang t\u00ednh h\u1ed7 tr\u1ee3 th\u00f4ng tin cho chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch, kh\u00f4ng th\u1ec3 coi nh\u01b0 m\u1ed9t t\u00edn hi\u1ec7u \u0111\u1ed9c l\u1eadp \u0111\u1ec3 ra quy\u1ebft \u0111\u1ecbnh giao d\u1ecbch<\/p>\n\n\n\n

T\u00f3m l\u1ea1i, hi\u1ec3u \u0111\u01b0\u1ee3c m\u1ed1i quan h\u1ec7 gi\u1eefa tr\u00e1i phi\u1ebfu v\u00e0 forex s\u1ebd gi\u00fap trader c\u00f3 c\u00e1i nh\u00ecn s\u00e2u s\u1eafc h\u01a1n v\u1ec1 d\u00f2ng ti\u1ec1n v\u00e0 \u0111\u1ed9ng l\u1ef1c th\u1ecb tr\u01b0\u1eddng. \u0110\u00e2y l\u00e0 m\u1ed9t ph\u1ea7n quan tr\u1ecdng c\u1ee7a ph\u00e2n t\u00edch li\u00ean th\u1ecb tr\u01b0\u1eddng, gi\u00fap n\u00e2ng cao x\u00e1c su\u1ea5t giao d\u1ecbch v\u00e0 tr\u00e1nh \u0111\u01b0\u1ee3c nh\u1eefng quy\u1ebft \u0111\u1ecbnh thi\u1ebfu c\u01a1 s\u1edf.<\/p>\n","protected":false},"excerpt":{"rendered":"

Trong th\u1ebf gi\u1edbi t\u00e0i ch\u00ednh, th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu v\u00e0 forex c\u00f3 m\u1ed1i li\u00ean h\u1ec7 ch\u1eb7t ch\u1ebd, nh\u01b0ng l\u1ea1i th\u01b0\u1eddng b\u1ecb nhi\u1ec1u trader m\u1edbi b\u1ecf qua. Th\u1ef1c t\u1ebf, bi\u1ebfn \u0111\u1ed9ng c\u1ee7a tr\u00e1i phi\u1ebfu \u2013 \u0111\u1eb7c bi\u1ec7t l\u00e0 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 \u2013 c\u00f3 th\u1ec3 cung c\u1ea5p nh\u1eefng t\u00edn hi\u1ec7u c\u1ef1c k\u1ef3 quan tr\u1ecdng […]<\/p>\n","protected":false},"author":1,"featured_media":2719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":["post-2715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-phan-tich-lien-thi-truong"],"_links":{"self":[{"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/posts\/2715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/comments?post=2715"}],"version-history":[{"count":1,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/posts\/2715\/revisions"}],"predecessor-version":[{"id":2721,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/posts\/2715\/revisions\/2721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/media\/2719"}],"wp:attachment":[{"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/media?parent=2715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/categories?post=2715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradekhongngutrua.com\/index.php\/wp-json\/wp\/v2\/tags?post=2715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}