Group 1 - The article emphasizes the importance of not allowing cognitive biases to predict the market, advocating for a strict adherence to entry and exit principles for each trade [1] - It highlights the current balanced funding situation, with a slight decrease in long-term bond yields [3][5] - The central bank conducted a 7-day reverse repurchase operation of 483.5 billion yuan, with a net withdrawal of 3.5 billion yuan after 487 billion yuan matured [3][5] Group 2 - The overnight market remained calm, with the 10-year government bond yield opening at 1.815% and peaking at 1.836%, reflecting cautious sentiment in the bond market [5][6] - The article discusses the shift in economic narratives, from "South Wall Economics" last year to "Narrative Economics" this year, indicating a change in market sentiment and expectations [6] - The article provides detailed interest rate data for various bonds, showing fluctuations in yields across different maturities [9]