Market Overview - The bond market sentiment improved last week (2025.10.13-2025.10.17), with yields fluctuating. The 1-year government bond yield rose by 5.93 basis points to 1.44%, while the 10-year yield fell by 1.4 basis points to 1.82%, and the 30-year yield decreased by 7 basis points to 2.20%. The overall weak stock market and the central bank's release of liquidity contributed to the rebound of long-term bonds, leading the bond market [3][14]. - The U.S. Treasury yields also declined last week, with the 1-year yield down by 4 basis points to 3.56%, the 2-year yield down by 6 basis points to 3.46%, and the 10-year yield down by 3 basis points to 4.02%. The decline was influenced by dovish comments from the Federal Reserve Chairman and concerns about the U.S. regional banking system [14]. Public Fund Market Dynamics - On October 14, the CITIC Construction Investment Shenyang International Software Park closed-end infrastructure securities investment fund (referred to as "Shenyang International Software Park REIT") successfully completed its fundraising, marking the first public REIT project successfully issued in Northeast China. The initial assets of the Shenyang International Software Park REIT consist of 13 industrial buildings in Shenyang, with a total property area of 201,200 square meters, primarily focused on research and development office space [17][16]. Fund Index Performance Tracking - The Money Enhanced Index rose by 0.03% last week, with a cumulative return of 4.19% since inception [4][19]. - The Short-term Bond Fund Index increased by 0.05%, with a cumulative return of 4.32% since inception [5][19]. - The Medium to Long-term Bond Fund Index rose by 0.16%, with a cumulative return of 6.23% since inception [6][19]. - The Low Volatility Fixed Income + Fund Index fell by 0.06%, with a cumulative return of 3.93% since inception [7][19]. - The Medium Volatility Fixed Income + Fund Index decreased by 0.85%, with a cumulative return of 4.69% since inception [8][19]. - The High Volatility Fixed Income + Fund Index dropped by 1.00%, with a cumulative return of 6.70% since inception [9][19]. - The Convertible Bond Fund Index fell by 2.61%, with a cumulative return of 19.80% since inception [10][19]. - The QDII Bond Fund Index rose by 0.18%, with a cumulative return of 10.57% since inception [11][19]. - The REITs Fund Index decreased by 2.43%, with a cumulative return of 31.01% since inception [12][19].
【公募基金】外部扰动不断,债市震荡修复——公募基金泛固收指数跟踪周报(2025.10.13-2025.10.17)
华宝财富魔方·2025-10-20 09:17