IRANIAN PRESIDENCY: PEZESHKIAN SAID THAT IRAN WAS ATTACKED TWICE DURING THE NEGOTIATIONS, WHICH PROVES THAT AMERICA DOES NOT BELIEVE IN DIPLOMACY

YIELD ON 40-YEAR JGB FALLS 12 BASIS POINTS TO 3.910%

Chinese appliance maker Midea Group Co. is considering a convertible bond sale of up to $2 billion amid surging demand, people familiar said. The Hong Kong- and Shenzhen-listed firm has discussed the plan with advisers, though no decision has been made and terms may change. The company denied considering such an offering. If pursued, it would join Chinese issuers tapping convertibles to benefit from lower borrowing costs and elevated equity valuations.