
在充裕流动性的支撑下,中国的基准10年期主权债收益率跌至盘中历史最低点。
China’s benchmark 10-year sovereign yield dropped to an all-time intraday low buoyed by ample liquidity.
根据彭博社汇编的数据,10年期主权票据收益率下跌约1个基点至1.58%。对于这只新发行的基准债券而言,这是有记录以来的最低盘中水平。
The yield on 10-year sovereign notes slipped about one basis point to 1.58%. That was the lowest intraday level on record for the on-the-run notes, according to data compiled by Bloomberg.
支撑这轮涨势的是充裕的银行间流动性,境内回购利率徘徊在数月低点附近。在中国人民银行示意转向将隔夜逆回购利率作为主要政策基准之后,交易员也在将未来借贷成本的降低计入考量中。
Underpinning the rally is flush interbank liquidity, with the onshore repo rate hovering around mult-month lows. Traders are also factoring in lower borrowing costs going forward after the People’s Bank of China signaled a shift toward the overnight reverse repurchase rate as its key policy benchmark.