30-year Treasury bond futures hit a record high, institutions are optimistic about the long-term bond market.

Against the background of sustained loose liquidity and temporary easing of external disturbances, the bond market has recently strengthened overall, with long-term interest rate bonds performing particularly well. On April 14th, 30-year government bond futures reached a new high in nearly a month, boosting market sentiment significantly. Multiple institutions believe that with the return of allocation forces, optimization of supply and demand structure, and gradual validation of macro fundamentals, the logic of bond market "allocation bull" is strengthening, and the investment value of long-term bonds is further highlighted.