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方面，美联储加息缩表，以及通胀压力等也会对国内债市有牵制，利率下行缺乏空间。总体来说下半年债券市场或仍呈现窄幅震荡的格局。未来本基金将继续以信用债为底仓，择机配置利率债进行波段操作，力争在获取稳定的票息收入的同时增厚组合收益。","fund":{"_id":3000000009177,"__csrcFundId":7385,"stockCode":"009177","shortName":"东方永悦18个月定开债券(009177)","masterFundShortName":"东方永悦18个月定开债券","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":9177,"currency":"CNY","masterFundFlag":1,"lastUpdated":"2026-04-30T21:40:07.448Z","status":"normal","exchange":"jj","inceptionDate":"2020-05-08T16:00:00.000Z","fundCollectionId":4000050390000,"name":"东方永悦18个月定期开放纯债债券型证券投资基金","setUpDate":"2020-05-08T16:00:00.000Z","setUpAssetScale":3001359699.29,"setUpShares":3001359699.29,"pinyin":"dfyy18gydqkfczzqxzqtzjj","managers":[{"stockCode":"db20744486","stockType":"fund_manager","exchange":"fm","tickerId":31814202120,"name":"车日楠"},{"stockCode":"j101019716","stockType":"fund_manager","exchange":"fm","tickerId":323243220,"name":"程旺"}]},"announcement":{"linkText":"东方永悦18个月定期开放纯债债券型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=787188","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecc6b7fea5b3eb04c7835","date":"2022-03-30T16:00:00.000Z","stockId":3000000009177,"sao":"年初在降息以及经济悲观预期推动下，收益率快速下行，10年期国债一度向下突破2.7%。春节后，受海外通胀发酵、美债利率上行、1月社融大幅超预期、1-2月经济数据超预期、稳增长政策陆续出台等因素影响，债券利率快速回调，10年期国债一度回到2.85%。3月下旬，疫情影响加重，基本面走弱和宽货币的预期进一步强化，市场情绪逐渐好转，收益率呈现下行态势，截至一季度末10年国债收益率回到年初水平。信用方面，中长久期信用利差上行，短久期基本持平，收益率曲线变陡，产业债中除房地产行业外其他行业信用利差多有所收窄，城投债涨跌互现，各省城投利差走势差异较大。 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