【笔记20250604— 推特上治国，螺壳里搓券】

Group 1 - The article discusses two types of market breakouts: one driven by rumors leading to a subtle rise, and the other driven by news resulting in a clear rise, with caution advised for the latter due to potential short-term pullbacks [1] - The current financial environment shows a balanced and slightly loose liquidity, with the central bank conducting a 7-day reverse repurchase operation of 214.9 billion yuan, while 215.5 billion yuan of reverse repos are maturing, resulting in a net withdrawal of 0.6 billion yuan [1] - The interbank funding market shows a slight decline in long-term bond yields, with the DR001 rate around 1.41% and DR007 at approximately 1.55% [1] Group 2 - The bond market sentiment is positive, with the 10-year government bond yield opening at 1.675% and slightly decreasing to around 1.6715% before fluctuating again due to market reactions to news from Trump regarding trade agreements [3] - The stock market experienced a slight increase, while the bond market remains cautious, with the 10-year bond yield showing minor fluctuations influenced by external news [3] - A significant trading activity in the 30-year government bond futures was noted, driven by a large order that sparked buying interest, indicating a responsive market to external news [3]