每日债市速递 | 现券收益率纷纷下行，央行重启14天逆回购提振情绪

Market Overview - The central bank conducted a 7-day reverse repo operation of 118.5 billion yuan at a fixed rate of 1.40%, with a total bid and awarded amount of 118.5 billion yuan on February 5 [1] - A 14-day reverse repo operation of 300 billion yuan was also conducted, leading to a net injection of 64.5 billion yuan for the day, while excluding the 14-day operation results in a net withdrawal of 235.5 billion yuan [1] - The interbank market remains stable with a slightly loose liquidity, as the weighted average rate of DR001 stays around 1.32% [3] Interbank Certificates of Deposit - The latest transaction rate for one-year interbank certificates of deposit among major banks is approximately 1.60%, showing a slight decline from the previous day [7] Bond Market - Major interest rate bonds in the interbank market have generally seen a decline in yields [9] - The closing prices for government bond futures indicate an increase, with the 30-year main contract rising by 0.38%, the 10-year by 0.08%, the 5-year by 0.07%, and the 2-year by 0.04% [16] Global Macro - U.S. Treasury Secretary stated that foreign funds continue to flow into U.S. Treasury bonds and the stock market [14] - The U.S. President expressed strong support for a rate cut by the Federal Reserve, emphasizing the need for lower interest rates [13]