每日债市速递 | 国债期货收盘全线下跌

Group 1: Monetary Policy and Market Operations - The central bank conducted a 7-day reverse repurchase operation of 150.5 billion yuan at a fixed rate of 1.40%, with a total bid amount of 150.5 billion yuan and a net withdrawal of 369.6 billion yuan for the day [1][3] - The overnight repo weighted average rate (DR001) rose nearly 20 basis points to around 1.37% [3] - The yield on one-year interbank certificates of deposit remained stable at approximately 1.63% [6] Group 2: Bond Market Trends - The yields on medium to short-term bonds in the interbank market increased significantly, while the yields on 10-year government bonds and active policy bank bonds rose by less than 1 basis point [8] - Government bond futures closed lower across the board, with the 30-year main contract down 0.21%, the 10-year down 0.11%, the 5-year down 0.09%, and the 2-year down 0.03% [10] Group 3: Economic Developments - The Chinese government is implementing a free trade policy in Hainan, characterized by "one line open, one line controlled, and free flow within the island" [11] - A large-scale investment initiative in Germany aims to invest 631 billion euros by 2028 to boost the economy and enhance competitiveness, involving 61 companies including Siemens and Deutsche Bank [13]