十年国债ETF（511260）持续吸金，年内份额增长超300%，多家机构表示当前利率债仍然处于较好配置窗口

Group 1 - The core viewpoint of the articles indicates that multiple brokerages expect the 10-year government bond yield to have further downward potential in the second half of the year [1] - Citic Securities suggests that macroeconomic strength in the first quarter was supported by fiscal policies, infrastructure, and consumption growth, but anticipates a marginal weakening of economic growth momentum in the second half due to various risks [1] - Shenwan Hongyuan believes that while external demand may fluctuate, the bond market primarily prices domestic demand, highlighting the core issue of demand contraction and weakened expectations within the domestic economy [1] Group 2 - The 10-year government bond ETF (511260) offers three trading advantages: flexible trading with T+0 capabilities, high collateral utilization with a pledge rate of approximately 94%, and suitability for cash-and-carry arbitrage strategies [2] - The performance of the 10-year government bond ETF has been strong, with a one-year return of 6.02%, a three-year return of 15.04%, and a five-year return of 19.26% [2] - Since its launch in 2017, the 10-year government bond ETF has consistently achieved profitability each year, making it a valuable asset allocation tool across market cycles [3]