(转自:浙商银行FICC)境内市场跨季后资金面转松,叠加机构指标与规模约束消退,市场情绪回暖,利差继续压缩。50年特别国债表现亮眼,日内下行幅度达1.9BP,除了交易盘外,保险日内买入力度也显著增强。同时,市场延续今年以来极度抢跑行情,在财政部公布三季度发行计划后,针对7月中旬即将首发的20年期特别国债,市场再次提前布局换券行情,导致20年期品种日内走弱。目前存量规模约1500亿元的25超长特国...
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