Bond funds are not affected by the stock market, because bond funds do not invest in stocks, but mainly invest in bonds. According to the regulations, the proportion of bond fund assets invested in bonds is not less than 80%, so the bond market will affect the rise and fall of bond funds.

But the stock market and the bond market have a certain seesaw effect. When the stock market is generally good, the bond market will be worse. When the stock market is bad, the bond market will be good.