如今，美联储（美联储）通过购买3年期债券的200亿美元进行了大型金融机动。

这种相当大的债券购买可能被视为美联储试图稳定当前的金融市场。

Today, the Federal Reserve (Fed) engaged in a large-scale financial maneuver by purchasing $20 billion in 3-year Treasury bonds. This transaction marks the largest single-day bond purchase since the quantitative easing (QE) programs back in 2021.

如今，美联储（美联储）通过购买了200亿美元的3年国库券，从事大规模的金融操纵。这项交易标志着自2021年定量宽松（QE）计划以来最大的单日债券购买。

This move has sparked discussions among analysts and investors, with many interpreting it as a form of “stealth QE.” This could mean that the Fed is injecting liquidity into the financial system without formally announcing a new QE program.

这一举动引发了分析师和投资者之间的讨论，许多人将其解释为“隐形量化”的一种形式。这可能意味着美联储将流动性注入金融系统，而无需正式宣布新的量化宽松计划。

Fed Bond Buy & Low RRP Signal Liquidity Shift

美联储债券购买和低RRP信号流动性转移

This rather large bond purchase may be seen as the Fed’s attempt to stabilize the current financial markets. Last month, it was reported that its Reverse Repo Facility (RRP) balance had plummeted from over $2.5 trillion in 2022 to just $148 billion, which again indicates a major release of liquidity into the market.

这种相当大的债券购买可能被视为美联储试图稳定当前的金融市场。上个月，据报道，其反向回购设施（RRP）的余额从2022年的2.5万亿美元下降到仅1480亿美元，这再次表明流动性主要发布到市场上。

Some community members are skeptical about the implications of stealth QE, as they argue it’s a pre-scheduled action and that the Fed’s balance sheet hasn’t expanded yet.

一些社区成员对隐形量化宽松的含义持怀疑态度，因为他们认为这是一个预先计划的行动，并且美联储的资产负债表尚未扩大。

That said, the bond purchase isn’t the only notable thing that took place today. Namely, the US Treasury auctioned $150 billion in 3-year Treasury notes but only sold $78 billion. This could be a cause for concern for investors about future inflation or economic stability, as it signals weak demand.

也就是说，购买债券并不是今天唯一明显的事情。也就是说，美国财政部在三年期票据中拍卖了1500亿美元，但仅售出了780亿美元。这可能引起投资者对未来通货膨胀或经济稳定的关注，因为它标志着需求疲软。

What ‘Stealth QE’ Could Mean for Crypto Markets

“隐形量化宽松”对加密市场可能意味着什么

What the Fed did can have quite a bit of an impact on the cryptocurrency market, both in the short and long term. When the Fed injects liquidity, even if it’s quietly, it often leads to more capital flowing into risk assets, and that includes Bitcoin and other cryptocurrencies. Then, if the Fed is truly avoiding rate cuts but still easing via stealth QE, bond yields may remain stable or fall, making yield-less assets like crypto more attractive.

美联储所做的事情可能会对加密货币市场产生很大的影响。当美联储静静地注入流动性时，它通常会导致更多资本流入风险资产，其中包括比特币和其他加密货币。然后，如果美联储真正避免了降低速度，但仍通过隐形量化宽松量化，债券收益率可能会保持稳定或下降，从而使诸如加密货币之类的无收益资产更具吸引力。

Historically speaking, QE has coincided with crypto bull runs such as the one in 2020 to 2021.

从历史上讲，量化宽松与加密公牛的奔跑相吻合，例如2020年至2021年的一场。

Still, there is always an air of uncertainty in situations like these. For instance, if it turns out that the stealth QE is a temporary band-aid and the Fed later tightens policy or raises rates unexpectedly, crypto markets could face sudden corrections. As always, caution is advised.

尽管如此，在这种情况下，总是有不确定性的气氛。例如，如果事实证明隐形量化宽松是临时的创可贴，而美联储则随后收紧政策或意外提高利率，加密货币市场可能会突然纠正。与往常一样，请谨慎。

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Crypto News Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

本文提供的信息仅用于信息和教育目的。本文不构成任何形式的财务建议或建议。加密新闻版对由于提到的内容，产品或服务的利用而导致的任何损失概不负责。建议读者在采取与公司相关的任何行动之前谨慎行事。