【公募基金】美国政府持续停摆，国内债市呈现震荡走势——公募基金泛固收指数跟踪周报（2025.09.22-2025.10.10）

Market Overview - The bond market maintained a weak fluctuation before the National Day holiday, with the 1-year government bond yield decreasing by 1.72 basis points to 1.37%, the 10-year yield down by 0.42 basis points to 1.86%, and the 30-year yield increasing by 5.7 basis points to 2.25% [3][16] - After the holiday, the 1-year yield further decreased by 0.88 basis points to 1.37%, the 10-year yield fell by 1.45 basis points to 1.85%, while the 30-year yield rose by 3.68 basis points to 2.28% [3][16] - The easing of profit-taking pressure at the end of the quarter, combined with the central bank's continued support for market liquidity, led to a recovery in bond market sentiment, resulting in an overall decline in yields [3][16] Public Fund Market Dynamics - The first foreign-funded consumer REIT, Huaxia CapitaLand Commercial REIT, successfully listed on the Shanghai Stock Exchange, marking a significant step in the internationalization and diversification of China's public REIT market [4][19] Fund Index Performance Tracking - The Money Enhanced Index recorded a weekly return of 0.00%, with a cumulative return of 4.16% since inception [5][21] - The Short-term Bond Fund Index also saw a weekly return of 0.00%, with a cumulative return of 4.27% since inception [6][21] - The Long-term Bond Fund Index had a slight increase of 0.01%, accumulating a return of 6.06% since inception [7][21] - The Low Volatility Fixed Income + Fund Index decreased by 0.18%, with a cumulative return of 3.99% since inception [8][21] - The Medium Volatility Fixed Income + Fund Index fell by 0.45%, accumulating a return of 5.59% since inception [9][21] - The High Volatility Fixed Income + Fund Index decreased by 0.42%, with a cumulative return of 7.78% since inception [10][21] - The Convertible Bond Fund Index increased by 0.89%, with a cumulative return of 23.01% since inception [10][21] - The QDII Bond Fund Index rose by 0.23%, accumulating a return of 10.37% since inception [11][21] - The REITs Fund Index decreased by 0.19%, with a cumulative return of 34.27% since inception [12][21]