1. The People's Bank of China (PBOC) conducted 800 billion yuan of Medium-term Lending Facility (MLF) operations on September 24. 2. The PBOC will conduct overnight reverse repurchase operations from September 28 to October 8. 3. The U.S. Treasury

2026-09-24

1. The People's Bank of China (PBOC) conducted 800 billion yuan of Medium-term Lending Facility (MLF) operations on September 24. 2. The PBOC will conduct overnight reverse repurchase operations from September 28 to October 8. 3. The U.S. Treasury Department will repurchase up to $6 billion of long-term Treasury bonds on Thursday. 4. Federal Reserve Chairman Barr stated that further interest rate hikes may be needed to push inflation back to the target in a timely manner. 5. Institutions report that the average yield on global sovereign bonds is approaching 4%, fueling expectations of interest rate hikes. 6. Nvidia has become one of the most active partners in U.S. credit default swaps, leading to a surge in hedging demand. 7. Global debt is projected to reach a record $365 trillion in the first half of 2026. 8. The U.S. expands its Treasury bond repurchase program, raising market concerns that it may not alleviate fiscal pressure. 9. Moody's reports that five U.S. tech giants have $2.8 trillion in AI-related off-balance-sheet liabilities. 10. The China Development Bank's new policy-based financial instruments have injected over 60 billion yuan since September. 11. Xinhua Shares: Plans to issue convertible bonds to raise no more than 900 million yuan for projects such as the relocation and upgrading of its 73,000-ton-per-year new materials production facility. 12. The yield on Japanese 10-year government bonds surged to a new high since 1996, triggering a global bond market sell-off in Tokyo. 13. Japan plans to reduce the scale of its medium-term government bond liquidity enhancement auctions.