Securities Daily: Bond market custody balance hits record high, sending three major signals.

The front-page editorial states that the custody balance of the bond market has surpassed 190 trillion yuan, demonstrating significant progress in the construction of a multi-level capital market in China. In the future, the bond market should continue to play a strategic role: on one hand, it should continuously optimize its structure and increase support for areas such as technological innovation; on the other hand, it should deepen its opening up to enhance the international attractiveness of the RMB bond market. The author believes that the bond market will continue to develop steadily, further promoting China's transition from a financial power to a financial powerhouse.