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中国社科院学部委员王国刚:应加大国债买卖操作力度 深化财政货币政策协调
Zheng Quan Shi Bao Wang·2025-09-13 04:19

Group 1 - The core viewpoint is that government bonds are a key tool for coordinating monetary and fiscal policies, and increasing the issuance of government bonds is essential under a more proactive fiscal policy [1] - The central bank should enhance open market operations involving government bonds to provide positive guidance to financial institutions and markets [1] - Government bond transactions reflect the central bank's active cooperation with fiscal policy and indicate the characteristics and focus of monetary policy adjustments [1] Group 2 - Government bond yields are determined by competitive behaviors among market participants, reflecting the supply and demand conditions in the bond market and influencing future trading decisions [2] - The active trading of government bonds and the yield curve significantly impact future bond issuance and the pricing trends in various financial markets, making government bonds a crucial tool for policy coordination [2] - It is recommended to improve the regulatory framework for government bond trading to mitigate risks, especially in the context of international financial risks affecting the domestic bond market [2]