#套利交易策略 , but next there will be a Federal Reserve meeting, and the key is still to see Powell's attitude in his speech.

Now let's talk about our situation, there are a few core data points:

First, the deficit rate is set at 4%. Previously, we mainly had it at 3, and this is the first time in years that the deficit rate has been raised. To explain, this means the government is willing to take responsibility, which means they are willing to increase liquidity.

Second, the inflation data is set at 2%. Previously it was 3, but now the monthly CPI is around 0.x, setting a target of 3 is too far off.

This downward adjustment of the target is a positive sign, indicating that the leadership has recognized the problem and is facing it. It's a very significant positive sign.

Third, issuing 1.3 trillion in special government bonds, which is slightly less than the market expectations, but there is a point worth noting: this time they issued 500 billion to support state-owned large commercial banks in replenishing their capital.

There are rumors about rescuing banks, and this wave has landed. If banks are making such large profits every day, why do they still need to issue bonds to them? Because although banks are making money, they also bear the huge burden of real estate. Rescuing real estate is too difficult, so it is better to support the banks as a backup.