1. IMF Managing Director Kristalina Georgieva: Global public debt is about to exceed 100% of global GDP.
2. US Treasury yields rise to a 24-year high; Pinhao says current valuations are extremely attractive.
3. Institutions warn: If Bessant cancels the 20-year US Treasury bond, it could push up yields.
4. US Treasury Secretary Bessant reiterates his old rhetoric on debt reduction; market participants bluntly state, "A vision is not a plan."
5. Fed's Daly: If the AI, tariff, and energy shocks continue, further interest rate hikes may be necessary.
6. Dovish members of the Bank of Japan support continued interest rate hikes; Japanese bond yields fall along with the global bond market.
7. Moody's upgrades the ratings of four brokerages; CITIC Securities, CICC, and others have long-term ratings upgraded to A3.
8. Apollo considers playing a larger role in government borrowing due to rising debt levels.
9. Bank of China assists Korea Development Bank in issuing 3 billion yuan in dim sum bonds with an interest rate of 1.69%. 10. India’s foreign exchange reserves fell for the fourth consecutive week, down $50 billion from their September peak.
