Analysis of the Influence of the 50-year National Bonds on Government Macroeconomic Regulation

With the rapid development of bonds in recent decades, the bond market has become more and more mature, with the overall trend being of a healthy state. The essence of government bonds is the government's macroeconomic regulation and control through the hands of the public economic policy. Long-term treasury bonds for 50 years attract much attention from market. It is the longest period of economic cycle bond type. It has a positive effect on deepening the bond market development and improving the bond market yield curve and long-term pricing benchmarks on the government's macroeconomic regulation and control. However, there are negative effects on investor risks and single demand. This article puts forward a corresponding improvement ideas and tries to keep improving it from the perspective of public policy.