Long-term debt is substantially adjusted, institutions say that the volatility in the bond market will not affect the stable revenue growth expectations of banks.

Recently, long-term bonds represented by 30-year government bonds have undergone a significant adjustment, with interest rates rising sharply. Several securities research institutions believe that the adjustment of long-term bonds is due to a combination of total quantity shortage and structural pressures. From the perspective of banks, the volatility in the bond market does not hinder the expectation of stable revenue growth. According to Wind data, on December 8, the yield of the 30-year "25 Super Long Special Government Bond 06" rose to 2.26%, an increase of 8 basis points since December. Dragged down by rising bond yields, the government bond futures market is under pressure. On December 8, the main contract for 30-year government bond futures fell by 0.29%, closing at 112.240 yuan.