〈Focus Stocks〉 Fearless of market selling pressure, long-term U.S. bond ETFs of eight major bank brokerages reversed gains by more than 1% | Anue Juheng-Taiwan Stock News

The Taiwan stock market has gone up and down today (4th). It once reached 17516 points in early trading, setting a new high this year. However, profit-taking selling pressure emerged, and the market fluctuated and turned black. However, the performance of the ETF group remained stable, especially under the influence of the eight major banks. Favored by treasury brokers, among them, Yuanta U.S. Bond 20 Years (00679B-TW), Cathay Pacific 20-Year U.S. Bond (00687B-TW) continued to receive financial support, bucking the trend and rising by more than 1% before midday, and other long-term U.S. bond ETFs also performed well.

The global frenzied buying of bonds has driven up the buying momentum of domestic bond ETFs. Attracted by high debt interest rates and potential capital gains, the scale and number of investors have increased linearly. Brokerages under the eight major banks have recently favored 20-year U.S. bond ETFs. Among them, 00679B has been bought 13 times in a row, with a cumulative purchase of more than 30,715 units, amounting to 877 million yuan.

00679B continued to be favored by buyers today, rising 1.3% intraday, reaching a maximum of 29.18 yuan. It is expected to challenge the 30 yuan level in the near future, and the trading volume before midday has exceeded 18,000.

00687B has recently been bought by eight major banks three times in a row, with a total of over 3,805 buys worth 113 million yuan. Today, driven by buying enthusiasm, the stock price rose 1.2%, reaching a maximum of 30.4 yuan, and trading was quite active.

In addition, Fubon U.S. Bond 20 Years (00696B-TW), Fuhua 20-year U.S. Treasury Bond (00768B-TW), Qunyi 25-year U.S. Bond (00764B-TW), KGI US Bond 25+ (00779B-TW), unified U.S. debt for 20 years (00931B-TW) and other long-term U.S. bond ETFs, their share prices rose by more than 1% today.

Yuanta Investment Trust pointed out that from the outlook of global managers and allocation adjustment trends, it can be seen that funds from professional institutions are continuing to enter the bond market. A few days ago, the United States 10-Year Treasury Bond YieldAfter hitting 5%, short sellers aggressively covered their short orders, and the bond market rebounded as the U.S. CPI growth continued to cool in October, all supporting the stance of the Bank of America report.

Yuanta Investment Credit explains that while dividends will change with the operating conditions of the company, bond ETFs receive debt interest. As long as the issuing country or company does not default, the bond interest will be paid fixedly every period, providing a different kind of investment than high-dividend ETFs. Interest collection options. Among them, investment-grade bonds have a credit rating second only to U.S. government bonds and can provide better returns than U.S. government bonds. Yuanta investment-grade corporate bonds (00720B-TW) The most recent annualized interest rate is 6.2%, and all ex-dividends in the past three quarters have been paid, indicating that the bond market is bottoming.