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UK 10-year gilt yield fell to 5.010%, its lowest since Aug. 14, down 5bps intraday.

2026-08-25

UK 10-year gilt yield fell to 5.010%, its lowest since Aug. 14, down 5bps intraday.

Other News
2026-08-25

1. Shanghai: Aiming to achieve internationally advanced levels in high-performance computing chips, general-purpose processor chips, memory chips, interconnect chips, and smart sensors. 2. Micron researchers warn: The "memory wall" persists; HBM can

1. Shanghai: Aiming to achieve internationally advanced levels in high-performance computing chips, general-purpose processor chips, memory chips, interconnect chips, and smart sensors. 2. Micron researchers warn: The "memory wall" persists; HBM cannot keep up with the increase in computing speed. 3. Reports indicate that Samsung Electronics' DRAM production ramp-up in the second half of the year may be slower than expected. 4. SK Hynix's union in South Korea rejected a wage agreement, with over half of the employees voting against it. 5. Institutions: Memory shortages persist; the global flat panel display market is expected to decline by 4.7% year-on-year this year. 6. Memory storage costs soar; Amazon hardware prices rise by up to 60%. 7. Xiaomi's Xuanjie O3 officially announces support for LPDDR6; Changxin Memory is a domestic memory partner. 8. TrendForce: The average spot price of DDR5 16Gb (2Gx8) 4800/5600 remained unchanged from the previous day. 9. Biwin Storage: First-half net profit reached 7.166 billion yuan, turning around from a loss year-on-year; revenue from emerging AI-enabled edge storage products increased 4.34 times year-on-year. 10. Yingxin Development: Changxing Semiconductor reached two strategic cooperation agreements in the storage industry.
2026-08-25

People's Daily commentary says macro policy should act decisively to raise effectiveness. Continue a more proactive fiscal stance and a moderately accomodative monetary policy. Treasury daily average balances were relatively large in 1H, suggesting a

People's Daily commentary says macro policy should act decisively to raise effectiveness. Continue a more proactive fiscal stance and a moderately accomodative monetary policy. Treasury daily average balances were relatively large in 1H, suggesting abundant fiscal available funds; fiscal acceleration spending and use of bond proceeds to generate real output. Strengthen fiscal-run monitoring and treasury fund scheduling and safeguard basic grassroots funding. Adjust and deploy monetary policy tools as needed to keep liquidity ample, ensure smooth policy transmission and sustain low social financing costs. Use structural monetary tools to support expanded domestic demand, tech innovation and SMEs. Coordinate fiscal and financial measures to amplify demand — fiscal guidance, financial leverage and market implementation — and assess macro-policy consistency; major policy changes affecting firms should allow reasonable transition periods.
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