The bond market, which was deeply adjusted at the end of September, gradually picked up after the National Day holiday. As of October 15, the China Securities Full Debt Index has accumulated a cumulative increase of 0.33% since October 10. Against this background, medium- and long-term pure debt funds and short-term pure debt funds were “recovering” one after another, which were “injured” before the holiday season. In particular, the rebound in the net worth of the medium- to long-term debt base was even more obvious. Does this mean that this round of bond market adjustments, which began on September 26, is over? How will market conditions be interpreted in the future? Interviewees pointed out that the current economic fundamentals are still weak. As the equity market gradually returns to rationality, financial redemptions are expected to gradually weaken, and allocation-based institutions have already begun to enter the market, which may support the recovery of the bond market. After the bond market has experienced drastic adjustments, the value of bond allocations will gradually become prominent. Some industry insiders also warned that the current “debt bull” market may continue to be interpreted, but short-term fluctuations or intensification.

The bond market, which was deeply adjusted at the end of September, gradually picked up after the National Day holiday. As of October 15, the China Securities Full Debt Index has accumulated a cumulative increase of 0.33% since October 10. Against this background, medium- and long-term pure debt funds and short-term pure debt funds were “recovering” one after another, which were “injured” before the holiday season. In particular, the rebound in the net worth of the medium- to long-term debt base was even more obvious. Does this mean that this round of bond market adjustments, which began on September 26, is over? How will market conditions be interpreted in the future? Interviewees pointed out that the current economic fundamentals are still weak. As the equity market gradually returns to rationality, financial redemptions are expected to gradually weaken, and allocation-based institutions have already begun to enter the market, which may support the recovery of the bond market. After the bond market has experienced drastic adjustments, the value of bond allocations will gradually become prominent. Some industry insiders also warned that the current “debt bull” market may continue to be interpreted, but short-term fluctuations or intensification.