Zhou Du government bond futures report: the bond market rose more at the end of the year

Zhou Du government bond futures report: At the end of the year, the bond market rose more, and the term bonds were more neutral.

12-27 19:40 Zhengdong Futures

This week (12.20- 12.26), the bonds fluctuated strongly. This week, the bullish factors are overall dominant: 1) The market's concerns about credit stability have decreased. At the end of the year, the bank's credit line is often insufficient. In addition, the economic growth rate is still declining, and banks also lack suitable project lending, so the bill interest rate has dropped rapidly. 2) The financial expenditure of Pujia was lowered at the end of the month, and the funds continued to be tight. As of February 24th, at the close of 10, the settlement prices of 2-year, 5-year and 10-year treasury bond futures active contracts were as follows

100.92 yuan,10/.42 yuan and 100.37 yuan, respectively, increased by +0.020 and +0. 1 15.