砥砺前行：公司债ETF(511030)与时代共成长，愿祖国繁荣昌盛

Group 1 - The Federal Reserve lowered interest rates by 25 basis points, with expectations of an additional 50 basis points reduction by the end of the year, which aligns with market predictions [2] - Following the rate cut, the gold market may face "sell the fact" pressure, indicating a potential short-term price correction [2] - Despite short-term pressures, the long-term investment value in gold remains intact due to ongoing economic adjustments and geopolitical risks driving demand for gold [2] Group 2 - The Chinese bond market is exhibiting independent trends, with a collective decline in government bond futures and rising yields, particularly in the 10-year bond which surpassed 1.78% [2] - Major banks have been net buyers of various maturities of government bonds, while smaller banks have shown a tendency to sell [3] - Insurance companies have reduced their net purchases of long-term bonds, indicating a shift in investment strategy [4] Group 3 - The company bond ETF has seen a recent trading volume of 21.82 billion yuan, with a near-term price of 106.12 yuan [5] - The company bond ETF has experienced a 1.11% increase over the past six months, with a net asset value growth of 13.45% over the last five years [6] - The ETF's management fee is set at 0.15%, and the tracking error over the past month is minimal at 0.013% [8][9]