印度卢比近期的反弹周五可能面临逆风，避险情绪打压风险敏感型货币，而油价上涨恐引发进口商加大套期保值。
The Indian rupee’s recent recovery is likely to face headwinds on Friday from a flight to safety that's weighing on risk-sensitive currencies and rising oil prices which threaten to spur increased hedging by importers.
据交易员称，卢比预计将以 94.84-94.88 元兑 1 美元开盘，周四收于 94.8175。前一交易日曾升至六周多来高点、接近 94.30，随后反向回落。
The rupee is expected to open at 94.84-94.88 per dollar, according to traders, after settling at 94.8175 on Thursday. It had climbed to a more than six-week high near 94.30 in the previous session before reversing course.
银行家对反转的速度及其与大趋势的背离均感意外。他们表示，这为卢比增添了另一层不确定性，卢比面临避险情绪和持续攀升的油价带来的双重压力。
Bankers were surprised by both the speed of the reversal and its divergence from the broader trend. The move adds another layer of uncertainty for the rupee, which faces mounting pressure from a flight to safety and relentlessly rising oil prices, they said.
因对 AI 前景的疑虑，避险资产美债和日元上涨，美股遭遇抛售。尽管原油价格上涨，10 年期美债收益率仍回落至 5% 以下。
Safe-haven asset US Treasuries and the Japanese yen rallied while US equities suffered a selloff on doubts over the AI outlook. The 10-year US Treasury yield fell back below 5% despite rising crude prices.
10 年期美债收益率较近期高点下降 40 个基点，值得注意的是，对 AI 支出放缓及其对经济增长影响的担忧，已盖过经济数据显示的持续通胀压力。
The 10-year US yield is down 40 basis points from its recent peak, notable in the context of concerns about a slowdown in AI spending and its implications for economic growth overshadowing economic data that points to persistent inflationary pressures.
胡塞武装袭击头号出口国沙特阿拉伯引发对进一步供应中断的担忧，推高油价。布伦特原油升至略低于每桶 115 美元。
Oil prices climbed on concerns about further supply disruptions after Houthi attacks on top exporter Saudi Arabia. Brent crude rose to just shy of $115 a barrel.
荷兰国际集团（ING Bank）在报告中表示：“市场似乎正经历一种微妙的体制转换。能源价格上涨不再意味着利率将永远走高；相反，长端开始更多地表达对增长的担忧。”“看起来正在进行某种防御性轮动。”
"It looks like markets are going through a subtle regime shift. Higher energy prices no longer mean higher rates forever; instead, the long end is starting to express a little more fear about growth," ING Bank said in a note. "It looks like there is some defensive rotation underway."