Group 1: Report's Core View - Today, all treasury bond futures fluctuated and consolidated, with slight declines. The 8 - month LPR remained unchanged, and the central bank emphasized implementing a moderately loose monetary policy with a focus on structural easing, reducing the possibility of comprehensive easing. Recently, the risk appetite in the stock market has been rising, and the stock market's profit - making effect has attracted funds, suppressing the demand for treasury bonds. However, due to the anchoring effect of policy rates, the room for market rates to rise is limited, meaning treasury bond futures have strong support. In the short term, treasury bond futures will maintain a bottom - oscillating trend [1] Group 2: Industry News - On August 22, the central bank conducted 361.2 billion yuan of reverse repurchase operations with a 7 - day term at a fixed interest rate of 1.40%, which was the same as before [3] Group 3: Related Charts - The report includes charts such as the TL2509 trend, T2509 trend, TF2509 trend, TS2509 trend, treasury bond yield - to - maturity curve, and central bank open - market operations [4][6][11]
预计国债期货维持底部震荡
Bao Cheng Qi Huo·2025-08-22 08:56