Group 1 - The core viewpoint of the articles highlights the strong performance and liquidity of credit bond ETFs, particularly Tianhong (159398), amidst a volatile bond market [1][2] - Tianhong credit bond ETF has seen a net inflow of over 453 million yuan in the past week, indicating active trading and investor interest [1] - In contrast to interest rate bond ETFs, credit bond ETFs have shown better performance during market fluctuations, with an annualized yield of 1.53%, compared to negative yields for long-term government bonds [1] Group 2 - The trading activity in the interbank market increased from 432 billion yuan to 550 billion yuan, while the exchange market also saw a rise from 234 billion yuan to 336 billion yuan [2] - Short-term credit bond yields are expected to have limited room for decline, suggesting that investors should wait for more favorable market conditions to engage in trading [2] - The focus should be on opportunities with certain coupon payments, considering absolute yield perspectives for investment [2]
近一周获资金净流入超4.53亿元，信用债ETF天弘（159398）盘中成交额突破24亿元
Sou Hu Cai Jing·2025-05-19 06:32