Iranian President Pezeshkian will travel to New Delhi tomorrow (local time) to attend the 18th BRICS summit, Iranian media Fars News reports.

U.S. Treasury yields rose in the Asian session, extending Thursday’s gains, with all tenors at multi-year highs. Tradeweb data showed the 2-year yield at 4.596% (highest since July 2024), the 10-year at 4.979% (highest since October 2023) and the 30-year at 5.384% (highest since 2007). Danske Bank said the 10-year is now only a few bps from the 5.00% level “due to U.S. Treasury buyback operations falling short of expectations.”

A special meeting to advance construction of the Hengqin Guangdong-Macao Deep Cooperation Zone was held in Hengqin on the 10th. Attendees said they will implement Xi Jinping’s directives on Hengqin, accelerate rollout of the package of policy measures to deepen the zone, and support Macau in proactively aligning with the national 15th Five-Year Plan and implementing the SAR’s new five-year plan to help promote appropriate economic diversification. Xia Baolong, director of the Hong Kong and Macao Affairs Office of the State Council and head of the Central Leading Group on Hong Kong and Macao Affairs, attended and spoke.