全市场唯一十年国债ETF（511260）午后翻红，规模超150亿元，关注债市配置窗口

Core Viewpoint - The Ten-Year Treasury ETF (511260) has shown positive performance, with a scale exceeding 15 billion yuan, and is seen as a stable investment opportunity in the current bond market environment, especially with potential interest rate cuts in the second half of the year [1][2]. Group 1: Market Outlook - There is a probability of interest rate cuts in the second half of the year, potentially by 10 to 20 basis points, and a chance of a reserve requirement ratio cut by year-end [1]. - The current ten-year treasury yield is at 1.65%, which is relatively low compared to previous years, but there is still potential for further decline [1]. Group 2: ETF Performance - The Ten-Year Treasury ETF tracks the Shanghai Stock Exchange 10-Year Treasury Index, with an average duration of 7.6 years [2]. - Since its inception, the ETF has consistently achieved positive annual returns, with a cumulative return of 34.63% [2]. Group 3: Unique Advantages of the ETF - The ETF allows for T+0 trading, providing liquidity and opportunities for short-term trading in a volatile market [3]. - It has low trading fees, enhancing capital efficiency for investors [4]. - The ETF offers transparency with daily published holdings and allows for pledge repurchase, enabling investors to access funds for other investments [5].