国庆假期以来,债市收益率跌幅较大,若无进一步政策面刺激,预计收益率继续大跌的可能性有限。但在较宽松的货币环境及预计短期国内经济将维持疲弱等情况下,预计短期债市将震荡偏强。1 0月2 3日,央行公开市场进200亿元14天期正回购,利率持平于3.40%,连续第二周资金回笼量与到期量持平。分析认为,四季度历来资金面波动较频繁,加之缴税及新一轮新股IPO等 Since the National Day holiday, the yield of the bond market has been declining greatly. Without any further policy stimulus, the possibility of the rate of return falling sharply is limited. However, under the more accommodative monetary environment and the expected short-term domestic economy will remain weak, the short-term bond market is expected to be stronger. On January 23rd, the central bank opened its 20 billion yuan 14-day repurchase on the open market, keeping the interest rate unchanged at 3.40%. The amount of withdrawals from the second consecutive week was the same as the maturity amount. Analysis, the fourth quarter has always been more volatile side of capital, combined with tax and a new round of IPO and other IPO