1. A Federal Reserve spokesperson stated: US bank reserves have fallen to a critical level.
2. An agency report stated: The Fed may announce the end of its balance sheet reduction next week.
3. An agency report stated: The Fed may consider lowering the reserve requirement ratio to ease funding pressures.
4. Credit default swaps on US bank bonds remained high.
5. JPMorgan Chase closed its position in the German and US Treasury spread trades.
6. Morgan Stanley stated: The 10-year US Treasury yield may fall further after falling below 4%.
7. Pepperstone stated: Barring downward macroeconomic risks, the room for further appreciation in US Treasury bonds will be limited.
8. BlackRock and State Street revised their investment rules to retain their holdings of French bonds.
9. The Ministry of Finance issued the 67th issue of the 2025 Book-Entry Discount Treasury Bond.
10. In September, the issuance of real estate credit bonds increased by nearly 90% year-on-year.
11. Securities firms issued nearly 60 billion yuan in science and technology innovation bonds this year, featuring relatively low coupon rates.
