Gate.io data October 10th, CITIC Securities pointed out that the credit bond market performed well in the first 9 months of 2024, and the downward trend of the spread remained stable. Against the background of the unexpected stability policy landing before the quarter, the stock-bond seesaw effect is highlighted, and the credit market has once again reached a turning point, and the credit spread has been adjusted from the low point. Looking ahead, on the one hand, the sentiment of institutional investors has warmed up, and on the other hand, potential redemption behavior under the pressure of asset reallocation may cause further upward movement of credit spreads. In the short term, it is more appropriate to focus on asset liquidity for defense. If the credit spread is adjusted to 50bps, the value of credit bond allocation may reappear.
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CITIC Securities: If the credit spread is adjusted to 50bps, the value of credit bond allocation may reappear.
Gate.io data October 10th, CITIC Securities pointed out that the credit bond market performed well in the first 9 months of 2024, and the downward trend of the spread remained stable. Against the background of the unexpected stability policy landing before the quarter, the stock-bond seesaw effect is highlighted, and the credit market has once again reached a turning point, and the credit spread has been adjusted from the low point. Looking ahead, on the one hand, the sentiment of institutional investors has warmed up, and on the other hand, potential redemption behavior under the pressure of asset reallocation may cause further upward movement of credit spreads. In the short term, it is more appropriate to focus on asset liquidity for defense. If the credit spread is adjusted to 50bps, the value of credit bond allocation may reappear.