Group 1 - The bond market has experienced significant volatility and downward pressure this year, leading to a decline in the net value of bond funds and increased redemption pressure [1] - The 30-year treasury futures have seen a cumulative decline of over 8% since their peak in February, with other maturities also experiencing price drops, albeit to a lesser extent [2] - The recent downturn in the bond market is attributed to year-end profit-taking by institutions and a lack of clear positive catalysts, resulting in strong selling pressure [2][3] Group 2 - Over 200 bond funds have reported negative annual returns, with 13 funds showing returns below -5% and 215 funds below -1% [4] - The performance of convertible bond funds and mixed equity-bond funds has been relatively strong, benefiting from the performance of the equity and convertible bond markets [4] - The current market conditions suggest that the bond market may face continued downward pressure, with a lack of willingness among major institutional investors to take a bullish stance [4][5]
债市接连下跌 什么情况?
Zheng Quan Shi Bao·2025-12-09 00:17