The plummeting bond market: Is it time to gradually pay attention to the fundamentals?

Wallstreetcn
2025.03.12 03:06
portai
I'm PortAI, I can summarize articles.

Shenwan Hongyuan believes that since 2024, the correlation between the bond market's rhythm and the fundamentals has weakened, possibly due to a gradually solidified perception of weak fundamentals. However, in the long run, the core pricing anchor of the bond market still lies in the fundamentals: - Bond market yields can mainly be explained by fundamentals. - Historically, the driving factors for the bond market's transition from bull to bear have mostly been due to fundamental factors

Shenwan Hongyuan believes that since 2024, the correlation between the bond market's rhythm and the fundamentals has weakened, which may be due to a gradually solidified perception of weak fundamentals.

However, in the long run, the core pricing anchor of the bond market still lies in the fundamentals:

  • Bond market yields can mainly be explained by fundamentals.

  • Historically, the driving factors for the bond market's transition from bull to bear have mostly been due to fundamental factors.

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.