Emergence of the See-Saw Effect: Bond Funds Face Substantial Redemptions
1 week ago / Read about 0 minute
Author:小编   

Recently, the stock and bond markets have exhibited a pronounced "see-saw effect," as the A-share market continues its recovery trajectory while the bond market undergoes continuous adjustments. Statistics reveal that since July, the average return of pure bond funds has turned negative, placing these funds under considerable pressure from large-scale redemptions. Analysis highlights that this phenomenon is primarily attributed to the overcrowded trading conditions in the bond market since June and the recent surge in market risk appetite. Despite this, the fundamental factors' adverse impact on the bond market remains relatively constrained.