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建筑業PMI與10年期國債利率周期項基本一致-行業數據

建筑業PMI與10年期國債利率周期項基本一致
建筑業PMI與10年期國債利率周期項基本一致
其次，從兩者周期項來看，兩者周期項亦高度一致，尤其是建筑業PMI周期成分的“峰-谷”與利率周期成分的“頂-底”高度吻合。兩者周期成分的簡單一元同期線性關系的擬合優度亦能達0.40。
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建筑業PMI與10年期國債利率周期項基本一致_第1頁
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建筑業PMI與10年期國債利率周期項基本一致_第2頁
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建筑業PMI與10年期國債利率周期項基本一致_第3頁
建筑業PMI與10年期國債利率周期項基本一致_第4頁
建筑業PMI與10年期國債利率周期項基本一致_第5頁
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建筑業PMI與10年期國債利率周期項基本一致_第6頁
建筑業PMI與10年期國債利率周期項基本一致_第7頁
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建筑業PMI與10年期國債利率周期項基本一致_第8頁
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建筑業PMI與10年期國債利率周期項基本一致_第10頁
建筑業PMI與10年期國債利率周期項基本一致_第11頁
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建筑業PMI與10年期國債利率周期項基本一致_第12頁
建筑業PMI與10年期國債利率周期項基本一致_第13頁
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建筑業PMI與10年期國債利率周期項基本一致_第14頁
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建筑業PMI與10年期國債利率周期項基本一致_第15頁
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建筑業PMI與10年期國債利率周期項基本一致_第16頁
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建筑業PMI與10年期國債利率周期項基本一致_第17頁
建筑業PMI與10年期國債利率周期項基本一致_第18頁
建筑業PMI與10年期國債利率周期項基本一致_第19頁
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建筑業PMI與10年期國債利率周期項基本一致_第20頁
建筑業PMI與10年期國債利率周期項基本一致_第21頁
建筑業PMI與10年期國債利率周期項基本一致_第22頁
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建筑業PMI與10年期國債利率周期項基本一致_第23頁
建筑業PMI與10年期國債利率周期項基本一致_第24頁
所屬報告： 宏觀研究-建筑業景氣度與融資價格一種固收擇時框架-250314（24頁）.pdf
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