1. People's Bank of China: Total social financing in the first three quarters reached 27.46 trillion yuan; at the end of September, broad money supply (M2) grew by 7.2%, while narrow money supply (M2) grew by 3.2% year-on-year. 2. Federal Reserve Be

2026-10-15

1. People's Bank of China: Total social financing in the first three quarters reached 27.46 trillion yuan; at the end of September, broad money supply (M2) grew by 7.2%, while narrow money supply (M2) grew by 3.2% year-on-year. 2. Federal Reserve Beige Book: High oil prices impacted 12 districts across the US; businesses expect further price increases. 3. Federal Reserve Governor Bowman: The Fed does not currently believe there is a rush to adjust interest rates. 4. Federal Reserve's Daly: Rate hikes may be necessary, but are not imminent. 5. Federal Reserve's Goolsby: September inflation was disappointing, but more data is needed before raising rates. 6. "Fed mouthpiece": Higher-than-expected inflation further supports another Fed rate hike this year. 7. Moody's: US private credit default rate rose from 4% to 5.8% after including in-kind interest payments. 8. US bank bond losses exceeded $109 billion; concerns about a banking crisis in 2023 resurface. 9. ZTE Corporation: Registration approved for the issuance of corporate bonds to professional investors, not exceeding 8 billion yuan. 10. New York Life Investment Management: The resilience of the US economy suggests a potentially higher neutral interest rate; preference given to short-term credit bonds. 11. ING: AI industry debt concerns weighed on the dollar, causing US Treasury yields to give back gains; the Swiss franc became the biggest beneficiary. 12. Some institutions received regulatory warnings, requiring them to strengthen risk management for bond investments.