大盘回调，债市避险价值凸显，十年国债ETF（511260）收涨

Group 1 - The core viewpoint of the article highlights the increasing appeal of the bond market as a safe haven amid market corrections, with the ten-year government bond ETF (511260) rising by 0.05% on January 30 [1] - Traditional economic conditions are expected to further support the bond market this year, as the profitability of long-term bonds has significantly decreased, leading to substantial outflows from trading positions [1] - The current monetary policy stance is relatively neutral, with a strong guidance towards maintaining a reasonable range for the bond market, suggesting that value-oriented investment strategies may be more favorable than short-term trading [1] Group 2 - The ten-year government bond ETF (511260) tracks the Shanghai Stock Exchange 10-year government bond index, selecting bonds with a remaining maturity of 7 to 10 years listed on the exchange, maintaining a constant duration [1] - Historical performance indicates that since its inception, the ten-year government bond ETF (511260) has consistently achieved new net asset value highs, with a one-year return of 4.17%, a three-year return of 14.04%, a five-year return of 23.39%, and a cumulative return of 35.77% since inception [1] - Notably, the ten-year government bond ETF has maintained positive annual returns for seven complete calendar years from 2018 to 2024, positioning it as a potential asset allocation tool that can withstand market cycles [1]