国债：关于近期行情的思考

1PMI 2 3 420OMO 530 64 Z0016413gaoxiang@nawaa.com 1. 1.1 TLT2406104.4050.15%TF2406103.4050.1%TS2406101.7020.03%TL2406106.140.69%2.28%0.45bp0.28bp1.85% 1.2 1PMI23PMI 2 3 420OMO 53030 “”10-30 1TL44-6415-19527-6142020527646187-3016120201 64 1.33 3CPI0.1%0.7%CPI0.6%1.2%CPI-1%CPI-0.6%0.5PPI-2.8%%-2.7%-0.1% 1CPIPPICPICPI 2CPI0.6%CPI 4 512CPI3CPICPI 3PPI0 1.43 38.7%9%48725 15211329269773M11.1%1.2%M28.3%8.4%8.7% 13500065008.7%9.6%2.2pct 2300012001800360047001000210032023'''' 3M1 M2M2M1 4-76618001400 2. 2.1 CTD7 2.2 / 136310008400 8888 910www.nanhua.net603093