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2010年3月份债券市场主要特点为:债券市场前升后降,整体上行;二级市场的特点是,投资向低信用等级、短期债券倾斜,表明投资者在无明确方向性指引的情况下已逐步趋于谨慎,投资策略向防御性转变。下一阶段,在多方因素支撑下,债券市场处于弱势整理中,收益率曲线或将小幅平坦上移,信用利差有可能继续分化。
The main features of the bond market in March 2010 are as follows: the bond market has been rising and then falling, with the overall upward trend. The secondary market is characterized by the low investment rating and the short-term debt securities. This shows that investors have no specific direction Gradually tend to be cautious, investment strategy to defensive change. In the next phase, under the support of various factors, the bond market is under weak consolidation. The yield curve may move up slightly and the credit spread may continue to diverge.