The significant economic data on GDP has been released, and the bond market is "calm," slightly declining, while the logic for the bond market strengthening remains amidst the increasing allocation of non-bank funds.

Recently, non-bank Institutions have increased their Shareholding positions in Bonds, with many leveraging through interbank lending operations. Compared to the "tight balance" state that appeared in March, the current low funding costs provide a good window for bullish buyers to enter.

cls.cnApr 16 12:03

In March, interest rate bond yields rose overall, while yields on credit bonds of various ratings experienced slight fluctuations.

The yields on credit bonds of various ratings have fluctuated slightly, with the overall wealth Index return being positive.

Zhitong FinanceApr 15 21:02

The impact of Trump's tariffs: Institutions analyze the logic and strategy choices of Bond investment from five dimensions | Fixed Income Chief Market Commentary.

① Following the Trump administration's announcement of an additional 54% tariff on China, the Chinese bond market reacted sharply, highlighting the bonds' safe-haven attributes; ② The market quickly priced the bond market, and institutions expect the central bank to prioritize using structural tools to cut interest rates, with an increased probability of a reserve requirement ratio cut in May.

cls.cnApr 8 07:23

Cailian Press C50 Wind Direction Index Survey: In March, Crediting may be on par with the same period in 2024, government bonds maintain substantial issuance, driving social financing to increase year-on-year.

① New RMB loans in March may be around 3 trillion yuan, basically unchanged from the same period last year; ② The government's bond issuance remains at a high level in March, which may boost year-on-year growth in social financing; ③ The market anticipates that the year-on-year growth rate of the CPI in March is likely to rebound, while the decline in the PPI may remain stable compared to the previous month.

cls.cnApr 7 14:09

The risk of economic recession is accumulating, and Pimco is Bullish on Global Bonds bringing stable returns.

As the chances of a recession in the USA rise, Pacific Investment Management Company (Pimco) emphasizes the appeal of Global Bonds as a "source of stable returns."

Zhitong FinanceApr 1 21:29

Several signs indicate that liquidity is shifting towards easing.

Sinolink believes that recent circumstances are changing: the central bank released the quarterly meeting transcript on March 21, the earliest in recent years; on March 24, there was a net injection of 63 billion yuan in liquidity, marking the first net injection of 2024; recently, market funding rates have decreased, and the difference between DR007 and OMO rates has gradually narrowed. It is expected that the central bank may first use quantitative tools such as restarting government bond purchases, expanding the reverse repurchase agreements, or lowering the reserve requirement ratio to release liquidity.

wallstreetcnMar 27 07:39