1. The People's Bank of China (PBOC) injected a net 50 billion yuan into the market through open market operations in May. 2. The PBOC continued to reduce its reverse repurchase operations to zero, maintaining its policy stance of "keeping market li

2026-06-03

1. The People's Bank of China (PBOC) injected a net 50 billion yuan into the market through open market operations in May. 2. The PBOC continued to reduce its reverse repurchase operations to zero, maintaining its policy stance of "keeping market liquidity ample." 3. The European Central Bank (ECB) stated that gold has surpassed US Treasury bonds to become the world's largest reserve asset. 4. Several private banks' medium- and long-term fixed deposit rates have fallen to the "1%" range. 5. Federal Reserve's Hamak stated that the Fed may need to take action soon to address high inflation. 6. Sales of US investment-grade bonds exceeded $1 trillion. 7. Amundi lowered its view on the duration of US Treasury bonds. 8. A "fat finger" error occurred in the bond market, resulting in losses exceeding 30 million yuan for an institution. The winning bid rate for a bond was unusually low. 9. Rongqiao Group plans to restructure eight of its bonds, with a principal balance exceeding 7.5 billion yuan. 10. The convertible bond market may see a concentrated issuance window, with approvals accelerating. 11. Bond yields are rising, prompting South Korean companies to turn to short-term financing. 12. Demand surged at the auction of Australian seven-year government bonds as investors bet on the end of the tightening cycle. 13. Broadcom guaranteed a $36 billion financing round for Anthropic, with the core portion yielding interest rates below those of typical risky bonds.