1. The People's Bank of China (PBOC) injected a net 50 billion yuan into the government bond market through open market operations in February. 2. The PBOC reported net financing of 976.39 billion yuan in government bonds in January; Shanghai Stock

2026-03-04

1. The People's Bank of China (PBOC) injected a net 50 billion yuan into the government bond market through open market operations in February. 2. The PBOC reported net financing of 976.39 billion yuan in government bonds in January; Shanghai Stock Exchange gold trading volume increased by 18.6% year-on-year. 3. Moving away from dogmatic compliance thinking, the Federal Reserve explores the true defenses of the banking system during turbulent times. 4. US Treasury yields surged across the board; the Fed's first rate cut expectation was postponed to September. 5. UK bond supply fell to a three-year low; improved fiscal conditions eased financing pressures. 6. The UK bond market was hit by an inflationary chill; expectations for a rate cut plummeted from 80% to 20%. 7. Indonesian media: Fitch downgraded its sovereign credit rating outlook to "negative". 8. Julius Baer: Uncertainty surrounding the Middle East conflict pushed up risk premiums for Asian CDS. 9. The Governor of the Bank of Japan stated that if the economy and prices meet expectations, interest rate hikes will continue. 10. Pioneer Precision Technology: Plans to issue convertible bonds to raise no more than 750 million yuan, which will be used for the expansion project of core process metal devices for advanced semiconductor manufacturing. 11. Orient Securities: Received approval from the China Securities Regulatory Commission (CSRC) to issue no more than 6 billion yuan in technology innovation corporate bonds. 12. Huatai Securities: The controlling shareholder plans to increase its holdings in the company's convertible bonds by 100 million to 200 million yuan and convert them into shares.