On March 30, at the 2025 results briefing held by Postal Savings Bank Of China Co.,Ltd., Vice President Xu Xueming shared his perspective on the direction of bond yields. He stated that while China's long-term economic fundamentals remain solid, short-term pressures and challenges persist, compounded by external competition and geopolitical risks.
Xu further elaborated that under these conditions, preliminary assessments suggest macroeconomic policy in 2026 will continue to be proactive, with monetary policy maintaining a moderately accommodative stance. As a result, bond market yields are highly likely to exhibit a pattern of low interest rates and high volatility, generally fluctuating within a range-bound interval.
Regarding the bank's bond investment and trading approach, Xu emphasized that Postal Savings Bank Of China Co.,Ltd. will adhere to its established strategy of "increasing allocations during rising rates and engaging in trading during falling rates" when conducting bond-related operations.
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