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.”

據伊朗外交部，伊朗外長阿拉格齊與巴基斯坦陸軍司令阿西姆·穆尼爾元帥於本週四晚間舉行電話會談。雙方在通話中討論了地區最新局勢，並就地區緊張局勢加劇、安全形勢惡化及其對地區和平與穩定造成的影響交換了意見。雙方還強調，面對當前事態發展，地區國家有必要保持警惕並加強協調，同時重申應利用共同能力，推動地區建立持久和平與安全。

The Ministry of Industry and Information Technology and eight other ministries issued the 15th Five-Year Plan for the Intelligent Connected New Energy Vehicle industry, targeting higher industrial-chain resilience and security. They will implement rolling high-quality development actions to address gaps in key basic materials, operating systems, industrial software, and automotive chips and components, use priority policies for first-batch materials and initial-release software, and expand application scale. The plan also calls for coordinated extraction and recycling of lithium, cobalt and nickel.