Bond market sentiment has improved, with 19 new bond funds established this month.

Since June, investors' enthusiasm for subscribing to bond funds has been soaring, driving the heat of the issuance market and the stock market of bond funds to rise simultaneously. On June 20, two new members joined the bond fund team, as CMB Fund and Rongtong Fund respectively released announcements on the establishment of CMB Jinrui 90-Day Holding Period Bond and Rongtong Zengyuan Bond. Industry insiders believe that the warming sentiment in the bond market and the shift in fund allocation are important reasons for the recent increase in bond fund allocation heat. In an era of low interest rates where obtaining stable returns is increasingly difficult, the value of bond fund allocation is still present.