1. The US fiscal deficit for fiscal year 2026 will reach $1.99 trillion, a five-year high. 2. The Treasury Department decided to conduct market-making operations for Treasury bonds in October to improve secondary market liquidity. 3. The People's B

2026-10-19

1. The US fiscal deficit for fiscal year 2026 will reach $1.99 trillion, a five-year high. 2. The Treasury Department decided to conduct market-making operations for Treasury bonds in October to improve secondary market liquidity. 3. The People's Bank of China publicly solicited opinions on the "Rules for the Administration of Bond Issuance in the Interbank Bond Market." 4. Several banks raised deposit rates, with five-year fixed deposits reaching as high as 2.1%. 5. China and Japan reduced their holdings of US Treasury bonds in August, while UK holdings rose to $1.01 trillion. 6. Bank of America plans to issue up to four tranches of investment-grade bonds with a maximum maturity of 11 years. 7. AI debt risks have raised market concerns, with investors questioning the prospects for huge returns on tech stocks. 8. The Hong Kong Stock Exchange announced that it will accept Chinese government bonds as non-cash collateral for derivatives clearing. 9. China Minsheng Bank issued 10 billion yuan in financial bonds, with a coupon rate of 1.58% for the first interest period. 10. Betting on a stable budget, some large institutions bought UK government bonds. 11. Eurozone government bond supply is expected to hit a new low for the year this week. 12. Institutions: Fiscal concerns may put pressure on demand for Japanese 20-year government bond auctions.