Japan's 2-year bond yield rose 1.0bp to 1.400%; the 5-year yield rose 3.5bp to 1.975%.

China's National Financial Regulatory Administration and the Shanghai municipal government issued measures to accelerate construction of the Shanghai international reinsurance centre. The package pushes domestic insurers to centrally register reinsurance contracts and claims at the reinsurance registration and trading centre, and encourages large corporates in the China (Shanghai) Pilot Free Trade Zone Lingang New Area to centralise risk-protection management to better match risk with underwriting capacity. Authorities will support the registration centre in improving data standards, implementing graded and classified data management, and strengthening legal/compliance controls on data governance and security. The measures also promote deeper data use to support insurance and credit-risk research and to build professional risk-management capabilities in China’s insurance sector.

北约秘书长吕特：到明年北约将具备每年生产约400万发炮弹的能力。