UK 30-year government bond yield rose to 6.047%, the highest since 1998, up 6 bps on the day.

As of Sept. 30, Shanghai Stock Exchange margin financing balance was CNY 1,296.521 bln, down CNY 22.962 bln from the previous trading day; Shenzhen Stock Exchange margin financing balance was CNY 1,235.898 bln, down CNY 16.09 bln. Combined margin financing across both exchanges totalled CNY 2,532.419 bln, down CNY 39.052 bln from the prior session.

The PBOC, in a statement on its RMB exchange-rate policy stance, said China will firmly implement strategic priorities under the 15th Five-Year Plan and press ahead with a shift in the growth model toward domestic-demand-led expansion. Authorities will boost consumption, expand effective investment combining physical and human-capital spending, strengthen the domestic circulation and smooth domestic-international dual circulation, and improve the business environment to ensure fair competition. The statement stresses greater emphasis on tech-driven productivity gains, raising household disposable income, and enhancing income distribution and social-security systems. It also pledges steady expansion of high-level opening to become a core global demand market and stronger participation in international economic and financial cooperation and global financial governance reforms to help safeguard global economic and financial stability.