Xinhua News Agency, June 1-at the end of May just past, under the precise "drip irrigation" of the central bank, the capital surface maintained a stable equilibrium, and the phenomenon of fund stratification was also alleviated, and the fluctuation was weaker than the seasonal level. Abundant liquidity superimposed changes in economic fundamentals gave birth to the short-term bond market. As of May 31, the yield on one-year bonds fell 3.5 basis points to 2.1%. Looking forward to June, a number of market participants expect that the central bank will still accurately "drip irrigation" to maintain stable liquidity at the end of the season, fiscal expenditure will also supplement liquidity, and the capital interest rate center will still be lower than the policy interest rate. however, it is still necessary to guard against the impact of mid-month capital fluctuations on the short-term bond market. (Shanghai Stock Exchange News)