宝城期货国债期货早报-20250619

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - The short - term view of TL2509 is oscillatory, the medium - term view is oscillatory, and the intraday view is oscillatory with a slight upward trend, with an overall oscillatory outlook due to weak macro - economic indicators and rising expectations of monetary easing [1]. - For varieties TL, T, TF, and TS, the intraday view is oscillatory with a slight upward trend, the medium - term view is oscillatory, and the overall reference view is oscillatory. In the short term, treasury bond futures will mainly oscillate and consolidate with strong downward support [5]. Group 3: Summary by Related Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For TL2509, the short - term, medium - term, and overall views are oscillatory, and the intraday view is oscillatory with a slight upward trend. The core logic is that macro - economic indicators are weak and the expectation of monetary easing is rising [1]. Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Treasury bond futures oscillated narrowly yesterday. At the Lujiazui Forum, the central bank announced 8 major policies, including issuing offshore bonds, which will increase the demand for treasury bonds in the future and benefit treasury bond prices in the long - term. The latest macro - economic indicators are weakening marginally, and the market's expectation of future monetary policy easing is rising. So, treasury bond futures have strong downward support and low downward risk, and will mainly oscillate and consolidate in the short term [5].