Raise Interest Rates To &Nbsp, And Fine-Tuning The Financial Market.

After about three years, the central bank again offered a sword to raise interest rates. One year deposit and loan benchmark interest rate increased by 25 basis points, stirring Conduct financial spanactions There is a pool of spring water in the market. In the face of raising interest rates, the stock market and the bond market showed varying degrees of reaction. Many people wonder, "is it time to adjust the financial strategy?" financial experts pointed out that inflation expectations are increasing, which can be concerned about short-term financial products, and the spanfer and repayment. Housing loan You need to think twice before you act.

Short term products are popular.

Although yesterday's September CPI growth is more "moderate", many journalists interviewed to the industry believe that this increase in interest rates, or will open a plus interest channel, and investors in the face of future inflation, short-term financial products or more popular. Hu Jian, a financial manager of Nanjing branch of China Merchants Bank, told reporters that short term products can resist inflation for longer term products. It is understood that the current market financial products to 1 years below the majority, do not worry about the increase in interest rates after the purchase of ultra short term products "not cost-effective", some products will also increase the interest rate.

" Conduct financial spanactions Products are now normalized, like funds, can be purchased every day, the market base yield increased, the yield of financial products also rose, the shorter period of time can be raised by 10 basis points, the increase in the duration of the general increase of about 20 points. Hu pointed out. In fact, some financial products launched after the increase in interest rates are expected to increase year by year. For example, one or two days before a state bank increases interest rate, the expected annual yield of 120 days is 2.7%, and the 90 day financial product launched after the interest rate increase is expected to achieve an annual yield of 2.6%.

We need to think carefully about the deposit and mortgage loan.

"We do not have much to spanfer here, after all, this is a sudden increase in interest rates." A senior financial planner of a commercial bank told reporters. Due to the small increase in interest rates, financial advisers at the Bank of Shanghai suggest that, if the deposit has been stored for a long time on a regular basis, it may not be worth the loss. For example, the one-year, two-year, three year and five year term deposits have been deposited in banks for more than 42 days, 115 days, 161 days and 282 days respectively.

For investors who want to repay the loan ahead of time in the interest rate cycle, is it a good time to repay the loan ahead of time? The financial secretary pointed out that the interest rate hike has little impact on many lenders. Most people are more optimistic about the stock market's future, so we need to think carefully about borrowing money from the stock market to repay the loan. If you have enough money, you can consider pulling some of the funds out of the stock market to repay the loan ahead of time. But if your capital is tight, if you can get better returns from other investments, you will not need to repay the loan immediately. This is not wise.

"Thick" shares "Thin" bonds

After this increase in interest rates, bond yields are rising rapidly. However, the price of funds remains stable, and the degree of easing of funds will not change in the future. The stock market and bond market will see "double ice days" on the first day of raising interest rates.

China Merchants Bank analyst said, "the impact of abundant funds and strong investment demand, including asset prices such as the stock market may increase." A general manager of a private equity fund in Shanghai said that the A share market is far less valuable than other investment markets. "Therefore, capital flows to the stock market spontaneously, especially when people judge that the two dip will not occur."

Equity debt seesaw effect, for some pure debt funds, short-term risk or increase. A financial planner of CITIC Bank suggests that investors can choose index funds and equity funds on the investment variety to avoid bond products priced at the market valuation method.