Xu Siyang, chief investment officer of Silver Leaf Investment, said that in 2026, it is expected that it will be difficult to see a unilateral downward trend in interest rates. Long-term interest rates will continue to fluctuate widely, and long-term bonds are at risk of a phased upward trend. The interest rate bond market is more optimistic about the performance of short- and medium-term interest rate varieties. In December, the Central Economic Work Conference set the tone that monetary policy will continue to be moderately loose, which will help the steady performance of short-term assets.

Xu Siyang, chief investment officer of Silver Leaf Investment, said that in 2026, it is expected that it will be difficult to see a unilateral downward trend in interest rates. Long-term interest rates will continue to fluctuate widely, and long-term bonds are at risk of a phased upward trend. The interest rate bond market is more optimistic about the performance of short- and medium-term interest rate varieties. In December, the Central Economic Work Conference set the tone that monetary policy will continue to be moderately loose, which will help the steady performance of short-term assets.