十年国债ETF（511260）上一交易日净流入超5.0亿，市场关注降息周期下配置价值

Group 1 - The core viewpoint of the article indicates that U.S. Treasury yields have shown a "first rise and then weak fluctuation" trend since May, influenced by three phases: initial rise due to improved trade policies and economic outlook, pressure on long-term rates from Moody's downgrade and poor 20-year bond auction, and a return to fundamentals with geopolitical risk premiums rising [1] - The 10-year U.S. Treasury yield is expected to maintain high volatility with limited downward space due to term premium support, reflecting a significant fiscal deficit pressure and increasing U.S. debt burden projected to reach $36.2 trillion by Q1 2025 [1] - The 10-year Treasury ETF tracks the 10-year Treasury index, which reflects price changes in the long-term Treasury market, serving as an important reference for fixed income investments [1]