1. US inflation largely met expectations, reinforcing the Federal Reserve's stance that interest rates will remain high for an extended period. 2. US core inflation unexpectedly cooled in May, but traders still bet on a Fed rate hike before the end

2026-06-11

1. US inflation largely met expectations, reinforcing the Federal Reserve's stance that interest rates will remain high for an extended period. 2. US core inflation unexpectedly cooled in May, but traders still bet on a Fed rate hike before the end of the year. 3. Fitch downgraded its global sovereign outlook to "deteriorating," while its Greater China outlook bucked the trend and was revised back to "neutral." 4. The Bank of Canada kept interest rates unchanged as expected, stating that it saw no widespread signs of inflation. 5. The Ministry of Finance plans to reissue 130 billion yuan of 5-year interest-bearing treasury bonds ("260008") and issue 20 billion yuan of 182-day discount treasury bonds on June 17. 6. China Merchants Shekou plans to issue its first corporate bond tranche in 2026, amounting to 3.09 billion yuan. 7. Yuexiu Property completed the issuance of 1.9 billion yuan of corporate bonds with a coupon rate of 1.97%. 8. China Construction Bank completed the issuance of 60 billion yuan of Tier 2 capital bonds with a coupon rate of 1.89%. 9. Hangzhou Urban Construction: Facing a bank's pursuit of 130 million yuan in guaranteed debt, a lawsuit has been filed. 10. Shandong Province: Government investment funds should comprehensively consider debt risks and other factors when selecting investment areas to prevent blindly following trends and low-level duplication of construction. 11. Lanzhou City: Strengthening guidance for technology companies' listing and bond financing, promoting the issuance of science and technology innovation bonds and providing interest subsidies and credit enhancement support.