Under normal circumstances, the fluctuation of bond funds is extremely stable, and the fluctuation range is very small, but if there is a skyrocketing situation one day, it is often caused by a large number of fund redemptions.

Bond funds need to be redeemed in advance, and the redemption fee is still very high, up to 2%. If the size of a fund is 1 000 billion yuan, if 90% of the fund is redeemed in advance one day, the handling fee to be paid will be calculated at1000 billion yuan, and the redemption fee will be included in the fund's net value, which will lead to a sharp rise in the net value of this bond fund one day.