1. Bank of Communications Sydney Branch successfully issued 500 million yuan of offshore bonds issued under free trade zone regulations. 2. Demand for Japanese 20-year government bonds hit a new low since May 2025. 3. SpaceX's $25 billion bond issu

2026-06-25

1. Bank of Communications Sydney Branch successfully issued 500 million yuan of offshore bonds issued under free trade zone regulations. 2. Demand for Japanese 20-year government bonds hit a new low since May 2025. 3. SpaceX's $25 billion bond issuance weakened, with long-term bonds leading the decline. 4. Japan's $2.3 trillion investment plan triggered a new round of concerns in the Japanese bond market. 5. Tencent, Kuaishou, and JD.com issued a flurry of bonds, bringing the total issuance of dim sum bonds this year to over 900 billion yuan. 6. Major US banks passed the Federal Reserve's stress test, paving the way for dividend payments and share buybacks. 7. The China Development Bank's third tranche of financial bonds has concluded its bidding process, with the 10-year bond yield at 1.7473%. 8. AI drives a record-breaking debt surge; US high-grade bond issuance soared to $175 billion in June. 9. Zhongrui Industrial: Approximately 14.612 billion shares of Ruimaotong held by its subsidiary Zhengzhou Ruimaotong have been subject to judicial freeze and pending freeze orders. 10. Bank of Japan board member Naoki Tamura: If the likelihood of upside risks to prices increases, the Bank of Japan should not hesitate to accelerate the pace of interest rate hikes or significantly raise interest rates. I voted against suspending the tapering of bond purchases from the next fiscal year, believing that the central bank should quickly normalize its bond holdings.