US information-sector payrolls fell by 23,000 in August; the prior 12-month average monthly decline was about 8,000 jobs. Computing infrastructure providers, data processing, web hosting and related services lost 8,000 positions, publishing lost 7,000 and broadcasting and content providers lost 5,000. Market analyst Talmon Joseph Smith says the sector has shed more than 300,000 jobs since its 2022 peak, a fall of roughly 10%.

9月3日，美國30年期國債收益率爲5.25%，日本30年期國債市場收益率約4.05%，同期新債拍賣平均收益率爲4.079%。表面看，美債多出約120個基點，似乎更有吸引力。 但對負債以日元計價的日本壽險公司，真正需要比較的是匯率對衝後的收益。美國1年期國債收益率約4.11%，日本1年期國債約1.56%，按兩國短端利差粗略估算，對衝美元敞口每年需要付出約255個基點。這樣算下來，美債套保後收益約爲2.70%，反而比直接持有30年期日債低約135個基點。這組案例說明，決定日本資金是否購買美債的，不只是美日長債收益率差，還包括短端利差和外匯對衝成本。隨着日本長債收益率上升，本土債券已經能夠更好地匹配日元負債，日本壽險和養老金繼續增配套保美債的動力自然下降。路透數據顯示，截至8月22日，日本投資者年內淨賣出約3萬億日元海外債券，國內收益率上升和套保成本高企正推動部分資金迴流。

During the 15th Five-Year Plan period China will continue to consolidate the foundation of universal medical insurance, optimize overall enrolment structure and expand employee insurance coverage for key groups including flexible workers, migrant workers and new-form employment. The plan calls for higher maternity medical protection: direct settlement of insured persons’ maternity medical expenses and direct payment of maternity allowances to individuals. Authorities will fully establish a long-term care insurance system, refine long-term care service policies and push to raise long-term care service capacity and standards.