At present, the bond market in China can be shorted through margin financing and securities lending, but there are credit restrictions. Generally speaking, you need to open an account in a securities company for more than two years before you can do margin trading. China bond market does not allow short selling of individual bond varieties, and there is no short selling mechanism like stocks. However, using China bond futures, we can curve short the bond market. However, because treasury bond futures are often the expectation of future risk-free interest rates, this will be affected by many factors, unlike corporate bonds and corporate bonds in individual bonds, when there is a big expectation of default, the income from shorting such bonds will be great.