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2007年5月份的银行间债券市场再度经历了系列紧缩性货币政策利空的冲击,市场收益率曲线再度明显上行,相比于今年前几个月份,收益率曲线的陡峭程度明显加大。一、5月份银行间债券市场走势一览(一)银行间债券市场国债收益率曲线变化一览与2007年4月底相比,银行间市场国债收益率曲线呈现大幅明显的陡峭化上行态势,在5月份,国债的
In May 2007, the inter-bank bond market once again experienced the impact of a series of austerity measures on the tight monetary policy. The market yield curve once again went up significantly. As compared with the first few months of this year, the steepness of the yield curve has obviously increased. I. Overview of the Trends in the Inter-bank Bond Market in May (I) Changes in the Yield Curve of Government Bonds in the Inter-bank Bond Market As compared with the end of April 2007, the yield curve of the treasury bonds in the inter-bank market has shown a significant steep upward trend. In May National debt