关注十年国债配置价值，机构表示非对称降息利好债市，十年国债ETF（511260）今年来份额增长超30%

Group 1 - The core viewpoint of the article emphasizes the asymmetric interest rate cuts benefiting the bond market, particularly highlighting the significant growth of the 10-year government bond ETF (511260) by over 30% this year [1] - According to China International Capital Corporation (CICC), the downward adjustment of deposit rates creates more room for long-term interest rate declines, which is favorable for the bond market [1] - The decline in deposit rates is expected to lead to lower rates in other cash-like instruments, which will help reduce banks' funding costs and further support the downward trend in actual interest rates [1] Group 2 - The 10-year government bond ETF (511260), established on August 4, 2017, is currently the only 10-year government bond ETF in the market, with a scale exceeding 3.4 billion yuan and good liquidity [1] - Investors are advised to actively allocate to Chinese bonds, including extending duration to seek higher capital gains as the yield curve steepens [1]