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The yield on two-year U.S. Treasury bonds rose 10 basis points to 4.15% on the day.

2026-06-18

The yield on two-year U.S. Treasury bonds rose 10 basis points to 4.15% on the day.

Other News
2026-06-17

1. The female car owner who staged a protest on the roof of her Tesla was denied a retrial in her defamation case. The court ruled that the claim of "brake failure" lacked objective factual basis and constituted defamation. 2. BYD delivered its 100,

1. The female car owner who staged a protest on the roof of her Tesla was denied a retrial in her defamation case. The court ruled that the claim of "brake failure" lacked objective factual basis and constituted defamation. 2. BYD delivered its 100,000th new energy vehicle to the UK, becoming the fastest brand in the UK automotive market history to reach a 5% market share. 3. One week after delivering its R2 pure electric SUV, American electric vehicle startup Rivian began laying off hundreds of employees. 4. Zhu Jiangming of Leapmotor: China's electrification trend will further accelerate, and there will still be a market for range-extended and plug-in hybrid models. 5. HarmonyOS fully introduces a dual battery supplier, and Guoxuan High-Tech will be involved in the "Car Enlightenment" project. 6. BMW lowered its full-year performance guidance, with automotive business profit margins falling to 1%-3%. 7. Welcoming the new generation platform: Reports indicate that BMW will cease production of all domestically produced pure electric models, including the i3, i5, and iX1, starting in July. 8. Baidu's subsidiary, Luobo Express, received a Level 4 autonomous taxi operating permit in Switzerland and plans to launch public services in 2027. 9. The German Association of the Automotive Industry (DAAD) stated that the EU-US tariff agreement must be passed immediately. 10. The Ministry of Industry and Information Technology (MIIT) publicly solicited opinions on two mandatory national standards (draft for approval), including "Safety Requirements for Automated Driving Systems of Intelligent Connected Vehicles," and the foreign language version (draft for approval) of the mandatory national standard "On-board Emergency Call System for Accidents."
2026-06-18

Fed FOMC projections: median core PCE inflation at 3.3% for end-2026, 2.5% for end-2027 and 2.1% for end-2028, versus March medians of 2.7%, 2.2% and 2.0%.

Fed FOMC projections: median core PCE inflation at 3.3% for end-2026, 2.5% for end-2027 and 2.1% for end-2028, versus March medians of 2.7%, 2.2% and 2.0%.
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