中国政府50年期国债发行对宏观经济调控的影响分析

随着中国债券近几十年突飞猛进的发展，债券市场越来越趋于成熟化，总体趋向一个良性的状态。政府债券的本质是政府通过公共经济政策之手对宏观经济进行调控。50年长期国债的发行备受市场瞩目，这是一个跨经济周期的期限最长的国债类型，它在深化债券市场建设、完善债券市场的收益率曲线和长期定价基准方面对政府的宏观经济调控具有着积极的影响，但是在投资者风险和需求单一问题上也存在消极的影响。对此，文章从公共政策的角度提出了相应的完善设想，希图使它不断得到完善。 

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.