1. The People's Bank of China (PBOC) increased its year-end liquidity injection, raising expectations for a reserve requirement ratio (RRR) cut early next year.
2. Trump: The nominee for the new Federal Reserve Chairman will be announced soon, and he will support a "significant" interest rate cut.
3. Federal Reserve Governor Waller: Monetary policy remains within a restrictive range, and there is still room for interest rate cuts.
4. The Fed's bond-buying tool is showing results: Year-end repurchase rates are expected to decline, and the bond market may be free from "maturity anxiety."
5. The PBOC: Issued its tenth tranche of central bank bills with a maturity of 6 months (182 days) and an issuance amount of RMB 40 billion.
6. Sunac China: Approximately US$9.6 billion of existing debt will be fully released and forgiven.
7. Vanke proposed extending the repayment period for bonds maturing on December 28 by 12 months.
8. Progress on Baolong Real Estate's domestic debt restructuring: The restructuring plan for bonds such as "H0 Baolong 04" and "H21 Baolong 1" has been approved.
9. China South City Holdings: Discussions on key terms of the overall debt restructuring are expected to continue until January 2026.
10. Yields rose as foreign capital inflows into Japanese government bonds hit an eight-month high last week.
11. Fitch places Euroclear on negative watch.
