利率短期的调整有企稳迹象，平安公司债ETF（511030）近一周场内成交贴水最少

Core Viewpoint - The recent adjustments in interest rates show signs of stabilization, with 10-year rates nearing 1.8% and 30-year rates exceeding 2.05%, indicating a demand for short-term recovery in rates [1] Interest Rate and Market Impact - The rapid adjustment in short-term rates has led to significant market losses, with strong short positions indicating a need for recovery [1] - The central bank's recent actions, including substantial reverse repos and excess MLF renewals, reflect a protective stance towards the bond market and liquidity [1] - Despite the equity market's continued upward trend, rising interest rates may gradually dampen the bond market's response to stock market gains, especially given the current weak fundamentals [1] Investment Strategy - The current recommendation is to adopt a rebound strategy, avoiding chasing prices during downturns and considering high-liquidity, high-yield bonds only after rates reach high levels [1] - The Ping An Company Bond ETF (511030) has shown the best performance in controlling drawdowns during the recent bond market adjustments, with minimal net value discount and stable performance [1] ETF Performance Summary - The table provided lists various ETFs, highlighting their scale, recent performance, and drawdown metrics, with the Ping An Company Bond ETF leading in terms of controlled drawdown [1]