美国至9月8日3年期国债竞拍-得标利率 4.474%，前值4.29%。

Deutsche Bank notes that in the Sept. 7 Saxony-Anhalt state vote the Alternative for Germany (AfD) took about 44% of the vote — its highest state-level share and more than double its 2021 result — while the Merz-led CDU fell to roughly 17%, its weakest state showing. AfD remains short of a single-party majority and mainstream parties continue to refuse cooperation, limiting immediate policy change. Deutsche Bank says voter anger over economic stagnation, energy costs and migration is reshaping local politics and raising pressure on the federal government. Market implication: rising anti-establishment support despite a stable labor market and moderate inflation increases political fragmentation risk in Germany and may add uncertainty to fiscal arrangements, energy policy and structural reform; monitor upcoming state elections and whether mainstream parties shift economic or migration stances.

BofA raised its Brent crude price forecast, projecting a peak of $83/bbl in H2 2026 and $75/bbl in 2027.