[disaster caused by the "bizarre" rise in the net value of bond funds caused by huge redemptions] May 16, a bizarre and skyrocketing bond fund has recently triggered a heated debate in the market. A long-term debt product owned by a fund company should have been flat, but its net worth has soared by 64.52% in the past week, and the sudden rise in net worth curve is frightening. It is worth noting that this is not the first time this has happened to the fund company this year. In January, another bond fund of the company also saw its net worth soar by 55.44 per cent in a single day. Industry insiders say this is mainly due to large redemptions by institutional investors. (China Securities News)