Under the “seesaw effect” of stocks and bonds, recently, fluctuations in the bond market have increased markedly. In a situation where many bond funds experienced large redemptions, some fund investment portfolios lowered their bond positions. In fact, the bond market has been in a state of adjustment since the beginning of the year, and shows that the bond market, which made great strides last year, entered a “headwind period” due to short-term and long-term pressure. Among them, the short-term correction began earlier. The main 2-year treasury bond futures contract fluctuated downward from January 3, while the long-term pullback accelerated after the Spring Festival. A number of fund companies believe that the recent consolidation of the bond market, tight capital and increased risk appetite may be the main reason for the adjustment of the bond market.

Under the “seesaw effect” of stocks and bonds, recently, fluctuations in the bond market have increased markedly. In a situation where many bond funds experienced large redemptions, some fund investment portfolios lowered their bond positions. In fact, the bond market has been in a state of adjustment since the beginning of the year, and shows that the bond market, which made great strides last year, entered a “headwind period” due to short-term and long-term pressure. Among them, the short-term correction began earlier. The main 2-year treasury bond futures contract fluctuated downward from January 3, while the long-term pullback accelerated after the Spring Festival. A number of fund companies believe that the recent consolidation of the bond market, tight capital and increased risk appetite may be the main reason for the adjustment of the bond market.