US 4-month Treasury auction as of Nov. 4: allocation at the stop-out rate 94.88%, prior 35.48%.

JPMorgan analysts in a client note said global second-largest steelmaker ArcelorMittal is optimistic on the industry, a positive for European steel. ArcelorMittal’s Q3 results beat expectations. The company said EU protection measures, including higher tariffs on certain non-EU imports, are helping firms reset product pricing to offset elevated energy costs. JPMorgan described this as a "positive signal" for the European steel outlook through 2027, supporting steel spreads and a quarter-on-quarter recovery in corporate earnings despite a persistently high-cost environment.

日本央行9月会议纪要：一位委员表示，CPI涨幅总体上已经达到价格稳定目标。多位委员指出，CPI从初秋开始上升的可能性正在增大。