30年国债ETF(511090)连续9天净流入，规模突破260亿元创成立以来新高！

Core Viewpoint - The article discusses the advantages of bond ETFs over traditional bond investments, highlighting their liquidity, trading efficiency, and cost-effectiveness [1]. Group 1: Bond ETF vs Traditional Bonds - Bond ETFs can be traded on exchanges, while traditional bonds require a fund account for transactions [2]. - The investment objective of bond ETFs is to track a benchmark index, whereas traditional bonds do not have a specified tracking goal [2]. - Bond ETFs offer T+0 settlement, enhancing liquidity compared to T+1 for traditional bonds [2]. Group 2: Performance Metrics - As of August 19, 2025, the 30-year government bond ETF (511090) increased by 0.15%, with a latest price of 120.18 yuan [4]. - The trading volume for the 30-year government bond ETF reached 47.53 billion yuan, indicating active market participation [4]. - The fund's latest scale reached 26.297 billion yuan, marking a new high since its inception [4]. Group 3: Fund Inflows and Market Conditions - The 30-year government bond ETF experienced continuous net inflows over the past nine days, totaling 4.911 billion yuan [4]. - Recent market conditions have posed challenges for the bond market, with rising long-term yields due to increased government bond issuance and liquidity concerns [4]. - The yield spread between 30-year and 10-year government bonds has reached a one-year high, suggesting better value for long-term bonds [5].