Why have bonds fallen recently?
The recent overall decline in the bond market is mainly affected by three reasons:
1, entered 1 1 month, and the funds were slightly tightened after that;
2. The recent epidemic prevention policies and real estate policies have affected the long-term interest rate pricing;
3. The improvement of economic expectation has also had some negative effects on the bond market.
The superposition of the above three factors has led to the obvious adjustment of the bond market in the near future, and the follow-up needs to pay attention to the capital situation, the epidemic situation and the actual landing effect of the real estate policy.
How long can the bond market stop falling?
Although historical performance does not represent the future situation, we can "take history as a mirror" and take the recent continuous correction of the bond market in 2020 as an example: