Lates News

CITIC Securities research report stated that recently, in the long-term interest rate bond sector, the performance of the 30-year Treasury futures has reached a new high in nearly a month. From the trend perspective, the futures market has shown strong performance, leading the way in demonstrating a transition from bearish to bullish. The focus of the market recently has been on the successive release of first-quarter macroeconomic data, which to some extent has strengthened market expectations for the sustainability of loose monetary policy. Against this backdrop, there is friction between supply and demand in the treasury spot market, while futures pricing pays more attention to the "endgame". We believe that treasury futures are likely to lead a bullish trend.