The low fluctuations in China Treasury bonds finally ushered in a break. Under the inflation data released on Tuesday (April 11), the bond bonds gradually occupied the upper hand.
According to Bloomberg, Bloomberg data shows that China's 10 -year national bond active voucher yields fell to 2.81%on Wednesday (April 12). Compared with the valuation of China Bond, it came to the end of November last year.lowest.
The consumer prices of Chinese residents announced on Tuesday increased by 0.7%year -on -year, lower than market estimates, and industrial producers' factory prices fell by 2.5%.
Reported that the slowdown of inflation and the continued decline of industrial producers' factory price index (PPI) shows that more currency or fiscal stimulus measures may be required to boost the economic recovery.The largest in December last year, the financial data announced by the end failed to disturb its strong pattern.
The chief economist of CITIC Securities clearly said: "The subsequent 10 years of national bonds may fluctuate between 2.75%-2.85%, and investors are advised to maintain a medium-long period." He said that economic recovery and credit expansion of credit expansionIt is within the market expectations, so there is less response to financial data.The consumer price index (CPI) of the residents is relatively expected. Food prices fell after the Spring Festival, which lowered the CPI. The market had some concerns about shrinkage, but the probability of CPI's negative this year was very small.