债券久期和曲线
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花旗:发行趋势被视为欧元区债券久期和曲线的关键驱动因素
Sou Hu Cai Jing· 2026-02-13 06:47
Group 1 - The core viewpoint of the article is that German government bonds are more influenced by U.S. Treasury yields than by domestic data, with the issuance trends in the Eurozone potentially affecting duration and curve [1] - According to Citigroup, Eurozone sovereign nations have completed 17% of their annual government bond issuance, indicating ongoing demand and supply progress that supports short-term gains [1] - The reduction in the issuance of 30-year bonds may lead to a flattening of the yield curve for 10 to 30-year Eurozone government bonds starting from March [1] Group 2 - The long-term concerns are more about the fiscal impact on the economy rather than the issuance itself, which limits the potential for upward movement in yields [1]