The rise and fall of pure debt funds are mainly affected by interest rates. Generally speaking, in the downward cycle of interest rates, the transaction price of government bonds rises, which is beneficial to funds holding bonds; In the upward cycle of interest rates, the transaction price of government bonds fell and the funds held by bonds were damaged.

Therefore, investors only need to pay attention to interest rates. As long as the interest rate bottoms out and rises, investors can increase their positions to reduce losses, and then they can make a profit after it rises.

Funds are tools for long-term investment, so investors can be more patient and don't have to worry too much.