1. Global long-term bond volatility indicates rising fiscal risks in major economies. 2. Bank of America survey: If US Treasuries fluctuate significantly, the 30-year yield may rise above 6%. 3. Foreign capital outflows from Japanese ultra-long-ter

2026-05-20

1. Global long-term bond volatility indicates rising fiscal risks in major economies. 2. Bank of America survey: If US Treasuries fluctuate significantly, the 30-year yield may rise above 6%. 3. Foreign capital outflows from Japanese ultra-long-term government bonds for the first time since 2024. 4. PIMCO: Japan's yield curve is "too steep," bullish on 30-year Japanese government bonds. 5. Japanese Prime Minister Sanae Takaichi: Large-scale issuance of government bonds will be avoided when compiling the supplementary budget. 6. The Ministry of Finance will issue RMB-denominated green sovereign bonds in Hong Kong. 7. The first batch of interbank blue bond credit derivatives business was successfully launched. 8. Panda bond issuance exceeded RMB 120 billion this year, a year-on-year increase of over 80%. 9. Bank of Communications launched its first Shanghai Free Trade Zone offshore bond with FTU investors. 10. CICC plans to issue RMB 2 billion in perpetual subordinated bonds in 2026. 11. New Tsinghua Unigroup and BAIC Group signed a strategic agreement.