【笔记20250416— 黄金再创新高，大A倔强翻红，我债静待放水】

Core Viewpoint - The article discusses the current financial market dynamics, highlighting the strong economic data and its impact on stock and bond markets, as well as the performance of gold prices. Group 1: Economic Data and Market Response - March economic data showed strong performance, with GDP growing by 5.4% year-on-year, which was within expectations [5] - The stock market shifted from decline to growth, influenced by the strong economic indicators and a balanced liquidity environment [5] - The average disposable income per capita for the first quarter increased by 5.5% nominally, with a real growth of 5.6% after adjusting for price factors [5] Group 2: Bond Market Dynamics - The bond market exhibited mixed performance, with the 10-year government bond yield initially opening at 1.654% and later declining to around 1.645% [5] - The central bank conducted a 7-day reverse repurchase operation of 1,045 million yuan, with a net withdrawal of 144 million yuan due to maturing reverse repos and MLF [3][5] - The weighted average rates for various repo codes showed slight fluctuations, with R001 at 1.71% and R007 at 1.74% [4] Group 3: Gold Market Performance - Gold prices reached a new high, surpassing 3,300, indicating strong demand and a competitive market with A-shares [5] - Retail investors, referred to as "A-share stabilizers," are encouraged to remain calm as the market shows resilience [5]