Group 1: Report Industry Investment Rating - No relevant content found Group 2: Core Viewpoints of the Report - The short - term view of TL2603 is to oscillate, the medium - term view is to oscillate, and the intraday view is weak, with an overall view of oscillatory consolidation. The short - term probability of interest rate cuts is low, while the long - term easing expectation still exists [1]. - For the TL, T, TF, and TS varieties, the intraday view is weak, the medium - term view is to oscillate, and the reference view is oscillatory consolidation. The overall situation of treasury bond futures is that there is pressure above and support below, and they will mainly be in oscillatory consolidation in the short term [5]. Group 3: Summary by Related Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For the TL2603 variety, the short - term view is oscillation, the medium - term view is oscillation, the intraday view is weak, and the view reference is oscillatory consolidation. The core logic is that the short - term probability of interest rate cuts is low, while the long - term easing expectation still exists [1]. Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Yesterday, treasury bond futures oscillated and rebounded. In the long - term, the problem of insufficient effective domestic demand still exists, and the monetary policy environment next year is expected to be loose, with interest rate cuts and reserve requirement ratio cuts still anticipated. After continuous corrections, the current market interest rate implies a weak expectation of interest rate cuts, and the support for treasury bond futures is strong. In the short - term, the current market risk - aversion sentiment is weak, the urgency of interest rate cuts in the short - term is not strong, and the upward momentum of treasury bond futures is also insufficient. Overall, treasury bond futures have pressure above and support below, and will mainly oscillate and consolidate in the short term [5].

瑞士央行：在某些情况下，可能需要通过外汇市场干预来确保适当的货币政策环境。 ...