央行公开市场逆回购操作进一步放量，30年国债ETF博时(511130)盘中反弹上涨

Core Viewpoint - The 30-year government bond ETF from Bosera is experiencing a mixed market sentiment, with a recent price of 107.31 yuan and a 1.41% increase over the past two weeks, indicating active trading and liquidity in the domestic bond market [2]. Group 1: Market Performance - The 30-year government bond ETF has a current scale of 18.048 billion yuan [3]. - The ETF has seen a net inflow of 265 million yuan recently, with a total of 549 million yuan net inflow over the past five trading days, averaging 110 million yuan per day [3]. - The trading volume for the ETF reached 1.853 billion yuan, with a turnover rate of 10.26%, reflecting a vibrant market activity [2]. Group 2: Market Trends - The domestic bond market sentiment is currently high, with short-term bonds being heavily purchased and yields declining significantly, influenced by rumors of large banks buying newly issued bonds with maturities of three years or less [2]. - The central bank conducted a reverse repurchase operation of 557.7 billion yuan, resulting in a net injection of 419.5 billion yuan, leading to a loosening of the interbank market liquidity [2]. - Analysts predict three characteristics for the bond market in 2025: increased impact of central bank and regulatory attitudes on interest rate trends, a rise in risk appetite due to "anti-involution" policies, and a potential shift in the low-interest-rate support logic for the bond market due to stock market profitability [2].