债市走出独立行情，平安公司债ETF（511030）助力投资者穿越牛熊

Market Overview - On August 25, the equity market experienced a significant surge in trading volume, reaching the highest level since October 9, 2024, indicating heightened market sentiment and increased speculative demand [1] - Despite the strong performance in the equity market, the bond market exhibited an independent trend, with yields on government bonds across various maturities declining [1] Bond Market Performance - The recent bond market adjustment began on August 8, 2025, with the Ping An Company Bond ETF (511030) showing the best performance in terms of controlling drawdown, having the least market discount in the past week and maintaining a relatively stable net value [1] - The table provided lists various bond ETFs, detailing their scale, recent performance, and metrics such as pledge rates and drawdown statistics, highlighting the performance of different funds during the bond market adjustment [1]