U.S. 4-week Treasury auction (June 11) bid-cover ratio 3.13, prior 3.07.

N金戈开涨450%。

The Ministry of Housing and Urban-Rural Development’s Urban Construction Department held a video meeting to redeploy urban drainage and flood-control work in northern China, summarizing lessons from past rain and flood disasters and exchanging experience. It said the northward shift of the rain belt has made northern China a high-frequency, high-impact extreme-rainfall zone—earlier onset, longer duration, larger totals and more frequent extreme storms. With the country now in the main flood season, northern localities were directed to draw lessons from historical events, acknowledge prominent shortcomings in urban drainage and flood control, prioritize key areas and critical links, and fully implement mitigation and preparedness measures.