U.S. Treasury yields rose further after the latest economic data release; the 10-year yield climbed 3.8bps to 5.125%.

Oct 16 — HKEX said China government bonds will be accepted as eligible non-cash collateral for margin at Hong Kong Futures Settlement Limited and the HKEX Options Clearing House from Nov. 2, 2026, after rule amendments were approved by the Securities and Futures Commission. Eligible instruments include Ministry of Finance bonds issued mainly to international investors and Bond Connect bonds traded on the China interbank bond market issued by the Ministry of Finance or policy banks.

Fed chair Kevin Warsh told the 2026 IMF and WBG annual meetings in Bangkok that despite recent geopolitical shocks and widespread central-bank tightening to curb inflation, many G20 economies have shown greater-than-expected resilience. He said he is optimistic—while acknowledging some may call that naive—that the US will emerge from this round of shocks stronger, with a firmer economic base and greater capacity to lead global growth.