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近期,债券市场表现较为平静,收益率持续呈现震荡走势。4月初以来,市场资金面虽未特别紧张,却持续承受一定的压力。清明小长假过后,尽管央行公开市场持续净投放资金,回购利率隔夜和7天加权平均利率持续徘徊在3%、3.75%附近。进入5月,公开市场到期资金进一步减少,且市场将继续面临财政存款上缴增加和外汇占款走低的压力,预计市场流动性或继续偏
In the near term, the bond market has been relatively quiet with yields continuing to fluctuate. Since the beginning of April, although the market capitalization has not been particularly tense, it continues to bear some pressure. After the Ching Ming Festival holiday, despite the continuous net release of funds from the open market of the central bank, the overnight repo rate and the weighted average interest rate for 7 days continued to hover around 3% and 3.75%. Into May, the open market due to further reduce the funds, and the market will continue to face the increase in financial deposits and foreign exchange under pressure to lower the market liquidity is expected to continue or