Core Viewpoint - The article discusses the widening of the yield spread between 10-year and 30-year government bonds, indicating a potential shift in market dynamics and investor sentiment towards local government bonds [2] Summary by Relevant Sections - Yield Spread Analysis - The yield spread between 10-year and 30-year government bonds has widened, suggesting increased risk perception or changing interest rate expectations among investors [2] - Local Government Bonds Issuance - The issuance of local government bonds is expected to slow down in the coming week, which may impact liquidity and investment strategies in the bond market [2] - Market Implications - The changes in yield spreads and issuance rates could signal a shift in investment focus, with potential implications for asset allocation and risk management strategies among institutional investors [2]
【申万固收|地方债周报】10Y和30Y减国债利差走阔，下周发行再放缓——地方债周度跟踪20250926
申万宏源证券上海北京西路营业部·2025-09-30 02:12