The central bank increases its injections in a timely manner, stabilizing the funding market to support the recovery of the bond market.

The central bank guards the money market with a strong sense of warmth. On July 15, the central bank conducted 342.5 billion yuan of reverse repurchase operations and launched a total of 140 billion yuan of reverse repurchase operations as planned. Analysts believe that the central bank's accelerated operation pace and enhanced policy communication release a policy signal of stabilizing expectations and stabilizing credit, which helps alleviate liquidity disturbances. With the money market remaining stable, the bond market repair window is expected to gradually open.