十年国债ETF（511260）昨日净流入近8.9亿，市场关注利率债配置价值

Group 1 - The ten-year government bond ETF (511260) has surpassed 10 billion yuan in scale, becoming the only ETF tracking the 10-year government bond index in the market, with an average daily trading volume of 1.472 billion yuan and a net inflow of over 6 billion yuan in the past ten days [1] - The ten-year government bond yield is stable at 1.6%, indicating that dividend assets still hold allocation value during the interest rate cut cycle, particularly in Hong Kong stock dividend assets [1] - Infrastructure assets in the A-share market have reached new highs, with valuations reflecting this adequately, while H-shares still have valuation gaps that may converge in the future [1] Group 2 - The highway sector has shown stable performance this year, making it a standard defensive asset [1] - The leading port sector is viewed positively as a stable and perpetual cash flow asset, currently valued lower compared to other infrastructure assets, with pessimistic expectations already reflected in valuations [1] - The ten-year government bond ETF (511260) employs an optimized sampling replication strategy, closely tracking the Shanghai Stock Exchange 10-year government bond index, with an average duration of 7.6 years [1]