On January 14, Zou Lan, Director of the Monetary Policy Department of the People's Bank of China, stated at a press conference held by the State Council Information Office that long-term government bond yields reflect market expectations for future long-term economic growth, while also being influenced by the supply and demand relationship in the market. Since 2024, the Chinese economy has been rebounding amid fluctuations, especially since September, where market expectations and social confidence have significantly improved. It is expected to achieve a 5% growth target for the whole year, and the improvement in economic expectations will ultimately be reflected in the level of government bond yields. (Securities Times)
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邹澜:经济预期的好转最终一定会反映到国债收益率水平中
Zou Lan: The improvement in economic expectations will ultimately be reflected in the level of government bond yields.
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