30年国债ETF博时(511130)逆市吸金3亿！机构：中短利率补涨信号浮现，抢跑长久期黄金坑

Market Overview - As of May 28, 2025, major A-share indices showed mixed performance with the Shanghai Composite Index up by 0.07% at 3342.93 points, while the Shenzhen Component Index fell by 0.04% and the ChiNext Index rose by 0.02% [1] - The total market turnover for the half-day reached 667.9 billion yuan, an increase of 41.8 billion yuan compared to the previous day, with nearly 3500 stocks in the red [1] Bond Market Insights - Most government bond futures declined at midday, with the 30-year main contract down by 0.08%, the 10-year contract down by 0.01%, the 5-year contract down by 0.02%, and the 2-year contract unchanged [1] - The 30-year government bond ETF (Boshi 511130) experienced slight fluctuations, rising by 0.03% with a trading volume exceeding 1 billion yuan and a turnover rate over 14%, indicating a net inflow of 301 million yuan over the past five days [1] Interest Rate Dynamics - Recent analysis indicates that the bond market is in a narrow fluctuation phase, with a gradual easing of the funding environment, yet short-term interest rates are facing downward pressure [2] - The expectation of monetary policy easing in the short term is low, leading to a decreased willingness among investors to bear negative carry for capital gains [2] - Following the deposit rate cuts, mid-to-short credit assets have shown strong performance, with credit spreads compressing to historically low levels, suggesting potential "catch-up" space for mid-to-short rate products [2]