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Do bond funds only rise when stocks fall?
No, bond funds mainly invest in bonds, and the rise and fall of funds are mainly determined by the bonds invested. Bond income = bond price+bond interest, so they are not directly concerned about the rise and fall of bond funds and stocks.

But bonds and stocks have a certain seesaw effect. When the stock market is good, investors' funds will flow into the stock market in large quantities, leading to the outflow of funds from the bond market and the decline of the bond market. When the stock market is not good, investors will withdraw from the stock market and seek safe investment targets. Bonds are a better choice, and a large amount of funds will flow into the bond market, which will make the bond market rise.