[C50 Wind Index: There is a high probability that the balance of funds will be loose in November, and the increase in insurance capital allocation is expected to exceed 100 billion] On November 10th, the results of the new "C50 Wind Index" showed that more than 90% of market institutions believe that funds will be loose in November. Maintaining the "basically loose, mid-month fluctuation" trend, government bond supply, deposit certificate maturity and credit extension constitute three major time-point disturbances. However, it is expected that the central bank will flexibly use tools such as buying and selling spot bonds and reverse repurchase for hedging, and the DR interest rate center is expected to remain low and stable. From the perspective of institutional behavior, after the OMO anchor change was implemented, the bond market showed a pattern of "taking profits in trading orders and taking over allocation orders". Among them, the willingness to allocate insurance capital to bonds has increased significantly, and efforts have been made to buy long-term and high-coupon varieties. The market expects that the increase in insurance capital allocation and bond allocation in November will reach 110 billion yuan, becoming the core undertaking force of the market. (Reporter Xia Shuyuan)