Ten-year treasury bonds have little to do with equity funds and hybrid funds. National debt will affect the trend of bond funds. The rise in the interest rate of government bonds means that the relative income of bonds already circulating in the market declines, while the decline in bond funds and the decline in the interest rate of government bonds means that the relative income of bonds already circulating in the market declines and bond funds rise.
National debt is generally called risk-free rate of return; The risk of fund investment is relatively high, and the probability of obtaining excess returns is also relatively high. Investors can make appropriate allocation according to their own risk preferences.