Bond market sentiment recovers as 10-year treasury futures hit new highs for the year.

In the background of the equity market's volatile adjustment and continued loose monetary conditions, the bond market sentiment has clearly improved. On May 15th, the 10-year Treasury futures main contract hit a new high for the year, trading at 108.9 yuan. Industry experts believe that the recent bond market operation has shown strong characteristics of being driven by funding. Despite disturbances in external events, central bank open market operations, and economic data affecting market expectations, with overall loose liquidity and the blunting of negative fundamentals, bullish sentiment in the bond market has been restored, and the seesaw effect between stocks and bonds is further evident.