Core Viewpoint - The recent adjustments in the bond market have drawn investor attention, particularly towards the 5Y National Development Bank active bonds, which exhibit significant volatility and a potential slight bearish trend in the market [1] Bond Market Analysis - The current IRR of government bond futures is low, indicating that futures prices are relatively cheap overall [1] - Long-term contracts have experienced more adjustments due to market expectations and VAT-related factors [1] ETF Performance - The Ping An Company Bond ETF (511030) has the best performance in terms of controlling drawdown during the recent bond market adjustment, with the least market discount in the past week and a relatively stable net value [1] - The table provided shows various ETFs, their scale in billions, recent performance metrics, and drawdown statistics, highlighting the performance of different bond ETFs [1]
长端利率和国债期货信号偏多，平安公司债ETF净值相对稳健且回撤可控
Sou Hu Cai Jing·2025-08-26 03:46