warhammer gold investors in the bond market is still in the context of the overall warmer - LJE

Last week the National Bureau of statistics figures released in January, CPI is 4.5%, the month before pick-up, and a little more than the market expected. I always maintained since the Central Bank will not raise interest rates in the second half of last year to judge, because there was already expected inflation peaked in CPI over 6% without raising interest rates, how can inflation fell back again to raise interest rates in the future？ Next year 1-2 central banks are unlikely to raise interest rates, and less in the short term will cut interest rates, unless the CPI continued to drop and significantly below one-year deposit rate for a long time, or real economic growth slumped badly. From the perspective of some macroeconomic data, slightly better-than-expected performance in the domestic economy. On February 1 the official PMI 50.5 per cent, than the last month 0.2%.After statistics revealed 4-quarter GDP grew 8.9%, continued to fall, but at a slightly better than market expectations. While fixed-asset investment and export and import data per cent drop, but consumer data. 　　New loans in January fell short of expectations, limited effect on the bond market. Recent test simulation of gold in the Treasury bond futures trading, transaction active on that day,Sold for more than $ 50 billion. I found the existing Treasury bonds futures rules and then there are very large differences, futures contract market is relatively small, ensure the golden ratio is lower, when available may attract more capital to participate in the future. 　　However I expect Treasury bond futures from testing to the official launch still takes a long time, now are more difficult to assess impact on the bond market. Investors in the future also needFocus more on some of the economic data, as well as the Central Bank's monetary policy. I think the Central Bank might also consider lower reserve requirements to maintain liquidity, central banks cut the deposit rate for the first time in three years in early 0.5% age of conan gold, release of nearly $ 400 billion liquidity, that risk management has identified the current inflation has fallen, economic growth will be the Central Bank's monetary policy in the futureYou want to target. 　　As economic growth continues to fall, there may be more in the future directed easing of measures introduced in due course. In General warhammer gold, loose good bond market, but the current deposit interest rates, bond yields and not so attractive. 3-5-year government bond yields are now at 3%, yielding about 3.5% of around 10 years, less than 1-year depositInterest rates. 　　After-tax rate of return of credit debt swtor credits, some life over 6% in less than 5 years, and currently low interest rates compared to the debt issue is a major attraction. For the future, new bond issuance and market push bond prices to a certain extent, but may have more recent new debt supply, the original bond holders may also take profitsVomiting, especially when the stock market activity, some funds may be underweight bonds outperform stocks. Therefore, investors in the bond market is still in the context of the overall warmer, they maintain a sober.