隔夜利率或成“新锚”，短端资金面有望保持合理充裕，30年国债ETF（511090）涨0.08%

Group 1 - The core viewpoint of the news is that the bond market is showing mixed performance, with specific movements in various government bond ETFs and futures contracts [1] - As of 10:00 AM, the 30-year government bond ETF increased by 0.08%, while the 30-year government bond futures contract rose by 0.03% with a trading volume of 16,949 contracts [1] - The People's Bank of China (PBOC) conducted a 1,505 billion yuan reverse repurchase operation with a stable interest rate of 1.40%, indicating a focus on maintaining liquidity in the short-term funding market [1][2] Group 2 - The PBOC's recent statement suggests a clearer approach to short-term interest rate control, aiming to guide overnight rates to operate near policy rate levels, which may lead to a balanced and reasonably ample short-term funding environment [1][2] - The chief economist at CITIC Securities anticipates that the overnight rate will fluctuate within a narrow range between the lower bound of the interest rate corridor and the 7-day OMO, indicating stability in short-term bond yields [2] - The current yield curve reflects strong inflation recovery expectations, with the 30-year to 10-year government bond yield spread indicating potential for correction based on upcoming economic data [2]