换手率超30%！30年国债ETF(511090)交投活跃盘中成交近50亿元，机构：把握债市调整后的布局机会

Group 1 - The 30-year Treasury ETF (511090) has been adjusted with a latest quote of 124.7 yuan as of July 10, 2025 [1] - The trading volume of the 30-year Treasury ETF was active, with a turnover of 30.93% and a transaction value of 4.974 billion yuan, while the average daily transaction over the past week was 6.237 billion yuan [1][2] - The current scale of the 30-year Treasury ETF has reached 16.103 billion yuan [2] Group 2 - Citic Securities indicates that the bond market is influenced by multiple factors, including the potential for effective policies to curb disorderly competition and promote industry clearing, which could support inflation and impact the bond market [2] - There are concerns regarding the sustainability of improvements in the fundamentals and inflation, compounded by weak domestic and external demand, as well as fiscal and real estate pressures, leading to a moderate short-term policy effect [2] - The current monetary policy remains relatively loose, providing ample liquidity and strong allocation demand to support the bond market [2] Group 3 - Short-term vulnerabilities in the bond market are heightened due to compressed spreads, high leverage, and low funding rates, while strong performance in equity and commodity markets disrupts the bond market [2] - It is suggested to monitor the performance of risk assets in July to seize opportunities for positioning in the bond market after adjustments [2] - The 30-year Treasury ETF closely tracks the China Bond 30-Year Treasury Index, which consists of publicly issued and tradable 30-year treasury bonds with a remaining maturity of 25-30 years [2]