机构称债市最困难的时候或已过去，平安公司债ETF（511030）回撤稳健助力投资者度过最困难时期

Core Insights - The most challenging period for the bond market may have passed, as indicated by significant trading volume in the A-share market, reaching 2.81 trillion, marking the third-highest daily trading volume in history [1] - The impact of the stock market on the bond market's capital is limited, with an estimated 2 trillion flowing into the stock market this bull run, which is unlikely to have a decisive effect on the bond market [1] - Redemption pressures exist, but the likelihood of negative feedback is low due to increased liquidity in bank wealth management products, which have a higher proportion of liquid assets [1] Market Analysis - The recent surge in A-share trading volume suggests a potential slowdown in subsequent price increases, with a possibility of a short-term correction [1] - Historical comparisons show that the current adjustment in the bond market is less severe than previous adjustments in 2024 and early 2025 [1] - The performance of various bond ETFs indicates that the Ping An Company Bond ETF (511030) has the best control over drawdown, providing stability for investors during this challenging period [1] ETF Performance Summary - The Ping An Company Bond ETF (511030) has a scale of 22.353 billion, with a recent weekly average discount of -0.06% and a year-to-date return of 0.84% [1] - Other notable ETFs include the Hai Fu Tong Shanghai City Investment Bond ETF (511220) with a scale of 24.511 billion and a year-to-date return of 1.05%, and the Southern Shanghai Benchmark Market Company Bond ETF (511070) with a scale of 21.127 billion and a year-to-date return of 0.63% [1] - The overall performance of these ETFs reflects varying levels of risk and return, with the Ping An ETF showing the most resilience during the current market adjustment [1]