The interest rate of 10-year treasury bonds can reflect the change of macro-economic development cycle to a certain extent, and can also predict the future economy, and then the state can make policy adjustments according to the yield curve to help the economy grow continuously.
In the domestic market, the yield of ten-year government bonds is the basis of RMB asset pricing. Because the yield of 10-year treasury bonds is guaranteed by the national credit, long-term bonds are usually regarded as risk-free rate of return, and the asset prices in the stock market, futures market and real estate market all depend on the risk-free rate of return in the market (10-year treasury bonds yield).
Extended data
The interest rate of 10-year treasury bonds is as follows:
The price, interest rate, maturity and credit of bonds determine the price trajectory of assets in the whole financial market. For the A-share market, if the yield of 10-year treasury bonds rises rapidly, it can provide high returns.
Then, a large amount of market funds may enter the bond market, resulting in the lack of funds in the A-share market, increasing the pressure on market funds and possibly causing the market to fall. Moreover, if the yield of 10-year treasury bonds rises rapidly, market consumption and corporate lending will face higher costs, thus inhibiting market consumption and corporate development.
People's Daily Online-/kloc-The yield of 0/0-year government bonds exceeded the 4% mark for the first time in more than three years?
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