摘要
国内疫情发展并未引发国内市场恐慌,债券市场在避险情绪集中释放后迅速回归稳定,但随着海外疫情逐步爆发,全球避险情绪再度升温,国内债券收益率下行突破前期振荡区间。展望未来,疫情冲击经济或导致债券收益率震荡下行,货币市场资金面宽松带动债券收益率中枢下行,疫情过后债券市场走势存在不确定性。
The domestic epidemic development did not trigger panic in the domestic market,and the bond market quickly returned to stability after the concentrated release of risk aversion.However,with the outbreak of the pandemic going viral overseas,global risk aversion went up.China’s bond yields went further below previous oscillation range.Looking ahead,the outbreak of the pandemic is hitting the economy hard and may drive the bond yields further down with fluctuations.The accommodative liquidity in the money market may result in a decline of the bond yields center.There is uncertainty in the dynamics of the bond market following the end of the pandemic.
出处
《中国货币市场》
2020年第4期27-29,共3页
China Money