First of all, we must understand that bond funds are divided into four types according to the types of bonds they invest in:
1. mainly invest in bonds issued by the government, such as treasury bonds and government bond funds;
2. Mainly invest in bonds issued by local governments and municipal bond funds;
3. Mainly invest in bonds and corporate bond funds issued by various companies;
4. Mainly invest in various bonds and international bond funds issued in the international market.
Different bond funds face different risks, so the reasons for their value fluctuations are also different. Treasury bonds and policy financial bonds only have interest rate risk, while corporate bonds and corporate bonds not only have interest rate risk but also default risk. International bonds also face political risk and exchange rate risk.
Whether the bond fund will rise sharply after the plunge is mainly considered from two aspects.
First, from the perspective of risk;
Second, consider the deviation between price and value.
Take the national debt fund as an example to make a simple analysis, because the yield of bonds is fixed, that is to say, if you hold bonds to maturity, you will get a fixed income, and the interest rate fluctuation is usually not great, and the impact on the yield is extremely limited. The default risk of national debt is basically negligible, so the bond fund may have encountered the Black Swan incident, but the actual value of the bond has not decreased, but the market sentiment has led to the deviation of the price. In the long run, bonds.
Of course, the asset allocation of different bond funds is different, and the corresponding risk types and risks are different, so this also requires investors to consider more for themselves. What is provided here is mainly an analysis idea. There is little certainty in investment. The only certainty is that investment must be risky. Therefore, investment is risky and you need to be cautious when entering the market.