Institutions believe that the bond market's reaction to the central bank's expectation management may have ended, but the year-end market trend may not have ended yet. Before the year-end, the certainty of a continued strength in the bond market is relatively clear, suggesting that short positions should not be easily closed for profit, but one may consider switching held Bonds to those with higher liquidity to flexibly respond to potential changes in the market after the year-end. (Xinhua Finance)