Despite the impact of the A-share market, the overall performance of the bond market remained bright in the second half of 20 14, and with the improvement of the bond market, the overall yield of bond funds reached the highest value in the same period in four years. Insiders pointed out that bond funds still have good allocation value at the end of 20 14 under the background of the central bank's interest rate cut and the slowdown of macroeconomic growth.

After the adjustment in the middle and late June, the domestic bond market returned to the boom zone in the second half of the year. According to the statistics of Business Daily Data Center, since the second half of the year, the total amount of bonds, government bonds, corporate bonds and convertible bonds of CITIC Construction Investment has increased by 5.0 1%, 4.69%, 4.83% and 18.32% respectively. Driven by the improvement of the bond market, bond funds achieved a high return on investment in the second half of the year. According to the statistics of Business Daily Data Center, the average return on investment of 766 bond funds has reached 7. 1 1% since July, which is also the highest overall return of bond funds since 20 10. Among them, the enhanced index bond fund has the highest income level, with an average income of 9.03%. Mixed bond tier-one funds followed closely, with an average income of about 8.63%; Second, the average yield of mixed bond secondary funds is 7.35%, and the average yield of medium and long-term pure debt funds is 6.86%. The recent outstanding performance of bond funds also makes most bond fund managers give positive expectations for the market prospects at the end of the year.