十年国债ETF（511260）盘中飘红，机构：债市压力缓释，拐点已现

Core Viewpoint - The bond market pressure is easing, indicating a potential turning point, with government bonds expected to continue their recovery despite structural pressures and external uncertainties [1] Group 1: Bond Market Insights - The ten-year government bond ETF (511260) tracks the Shanghai Stock Exchange 10-year government bond index, with an average duration of 7.6 years [1] - Since its inception, the ten-year government bond ETF has consistently achieved positive annual returns, making it a valuable asset for navigating market cycles [1] - As of the end of Q2, the one-year return rate is 5.88%, the three-year return rate is 16.13%, the five-year return rate is 22.41%, and the cumulative return since inception is 36.68% [1] Group 2: Unique Advantages of the Ten-Year Government Bond ETF - The ETF allows T+0 trading, enabling same-day buying and selling, which is advantageous in a high-volatility market [2] - The ETF has low trading fees, enhancing capital efficiency for investors [2] - The ETF provides transparency with daily published PCF lists, allowing investors to see holdings [2] - Investors can use the ETF for pledge repurchase, allowing access to funds for other investment opportunities while retaining the ability to redeem the ETF later [2]