According to mainland official media Securities Times, under the expected guidance, the market's attention has shifted from long-term national bonds to medium and short-term national bonds. The market's long positions in medium and short-term national bonds are seen as an expectation that monetary policy will be further relaxed. It is believed that with the easing of the pressure for bank deposits to "relocate" and the short-term adjustment of loan "squeeze-out", support for lowering deposit and loan rates will still be needed to stimulate effective financing demand, and the window for lowering deposit interest rates may be opened.

According to reports, due to the continuous decline in banks' net interest margins, there is an expectation in the market for a decrease in deposit interest rates. It has been some time since the last round of deposit rate cuts, and with the continued downward trend of net interest margins, the necessity of deposit rate cuts will continue to increase.