On November 6, the bond market continued to be strong. Major treasury bond futures contracts closed higher across the board, and cash yields continued to decline. From 10-year treasury bond yields falling below the 1.60% integer mark to treasury bond futures prices continuing to rise, the bullish sentiment in the bond market is heating up. Industry insiders interviewed believe that factors such as recent equity market adjustments, reduction in bond supply pressure, release of institutional allocation demand, and “anchor change” in policy interest rates have resonated and are jointly driving the bond market to strengthen. Looking ahead to the future market, the year-end bond supply and demand pattern is expected to improve further, and there is still room for long-term and ultra-long-term interest rates to decline.

On November 6, the bond market continued to be strong. Major treasury bond futures contracts closed higher across the board, and cash yields continued to decline. From 10-year treasury bond yields falling below the 1.60% integer mark to treasury bond futures prices continuing to rise, the bullish sentiment in the bond market is heating up. Industry insiders interviewed believe that factors such as recent equity market adjustments, reduction in bond supply pressure, release of institutional allocation demand, and “anchor change” in policy interest rates have resonated and are jointly driving the bond market to strengthen. Looking ahead to the future market, the year-end bond supply and demand pattern is expected to improve further, and there is still room for long-term and ultra-long-term interest rates to decline.