my country's benchmark interest rate is the bank deposit and loan interest rate; the interest rate does not affect the price of Treasury bond futures. Only the quantity of supply and demand affects the futures price, that is, supply exceeds demand, prices fall, supply exceeds demand, and prices rise.

1. Lower market interest rates mean that the interest rates of newly issued bonds will also decrease. Compared with these old bonds that have been listed, the yield of old bonds is relatively high, that is, the yield of old bonds is higher. The price is undervalued, so you will buy bonds at this time to obtain a higher income than the market interest rate. In this way, the price of the bond will rise. As the price of the bond rises, the yield will decrease, and the price and yield will regain equilibrium. , matching the market interest rate

2· The price of a bond is inversely proportional to the yield of the bond, and the market interest rate will affect the yield of the bond.

3·Market interest rate (marketinterestrate/marketrate) is a true reflection of market capital borrowing costs, and indicators that can reflect short-term market interest rates in a timely manner include interbank lending rates, government bond repurchase rates, etc. The interest rate of newly issued bonds is generally designed based on the market benchmark interest rate at that time. Generally speaking, an increase in market interest rates will cause the prices of bond fixed-income products to fall, stock prices to fall, and the real estate market and foreign exchange market to decline, but savings income will increase.

4·Bond value refers to the present value of the cash inflow that investors expect to receive when investing in bonds. Cash inflows from bonds mainly include interest and principal recovered at maturity or cash received when sold. A bond is worth buying when its purchase price is less than the bond's value.