Group 1: Company Bond ETF - As of July 8, 2025, the Company Bond ETF (511030) is experiencing a stalemate with the latest price at 106.27 yuan, having accumulated a rise of 1.11% year-to-date as of July 7, 2025 [1] - The latest scale of the Company Bond ETF reached 22.027 billion yuan, marking a new high in nearly one year [1] - The Company Bond ETF has seen continuous net inflows over the past four days, with a maximum single-day net inflow of 127 million yuan, totaling 171 million yuan, resulting in an average daily net inflow of 42.75 million yuan [1] Group 2: National Bond ETF - As of July 8, 2025, the National Bond ETF for 5 to 10 years (511020) is also in a stalemate, with the latest price at 117.72 yuan, having increased by 5.43% over the past year [4] - The scale of the National Bond ETF for 5 to 10 years reached 1.498 billion yuan, achieving a new high in nearly three months [4] - The National Development Bond ETF (159651) rose by 0.03% to a latest price of 106.31 yuan, with a net value increase of 4.66% over the past two years [4] Group 3: Market Insights - Recent market activity shows a significant reduction in trading volume for both stocks and bonds, with no substantial negative factors identified in the bond market over the past month [4] - The current high duration and high position of funds are deemed reasonable as long as the fundamentals continue to decline, the central bank signals ongoing easing, and policy space remains limited [5] - The issuance plans for 20-year and 30-year bonds, announced at the end of the trading day, may have a counteracting effect on the corresponding interest rates, indicating that the market still possesses resilience [4]
公司债ETF(511030)规模持续创新高，国开债券ETF(159651)开盘上涨3bp，机构：7月下旬到7月底是个重要节点
Sou Hu Cai Jing·2025-07-08 01:56