截至12月1日10点25分，基准国债ETF（511100）上涨0.08%，从资金净流入方面来看，基准国债ETF近 5天合计"吸金"29.45亿元。 基准国债ETF（511100）是当下市场涵盖多个关键久期国债的特色产品，主要跟踪上证基准做市国债指 数，选取上交所基准做市品种名单范围内的全部国债作为成分券，目前指数在各个关键性久期上选取1- 3只券，其中20年4只、30年7只、1年、5年各3只、2年、10年、3年、50年各2只，对应组合整体久期为 8.2，是偏向综合性的中期国债指数。 每日经济新闻 东吴证券表示，利率运行出现了11月以来难得的波动幅度，能够感觉到对于基金赎回费率新规和央行买 债规模不及预期等利空消息的反应更为敏感，其认为在流动性宽松和基本面未完全修复的情况下，如果 基金赎回费率新规若在近期落地，造成利率上行，可形成较好的配置机会。 ...

Core Viewpoint - The recent increase in global market volatility highlights the growing value of bond assets for investment allocation, particularly in the context of high volatility in equity markets and a long-term downward trend in interest rates [1] Group 1: Bond Market Insights - The Ten-Year Treasury ETF (511260), established on August 4, 2017, is linked to the China 10-year Treasury Index and is seen as an ideal choice for investors looking to optimize asset structure and hedge market risks due to its good liquidity and clear risk-return characteristics [1] - Current domestic economic conditions indicate a moderate recovery, with a low probability of large-scale stimulus policies due to constraints on macro leverage, while inflation data remains low, providing room for monetary policy easing [1] - The ten-year Treasury yield serves as a benchmark for medium to long-term risk-free rates, closely related to economic growth and inflation expectations, suggesting that under a "low growth + low inflation" scenario, the interest rate floor is likely to remain low, supporting a long-term moderate increase in Treasury prices [1] Group 2: Risk and Stability - Global geopolitical risks and increased volatility in domestic equity markets are driving funds towards safe-haven assets, with historical data showing that Treasury indices often rise during significant A-share market pullbacks, underscoring their "safe-haven" attribute [1] - The Ten-Year Treasury ETF can act as a "stabilizer" in investment portfolios, effectively smoothing overall volatility [1]