1. Demand for US 3-month Treasury bills fell to its weakest level since 2024.
2. Securities firms issued bonds totaling 1.25 trillion yuan, more than doubling year-on-year, with Guotai Haitong and CITIC both exceeding 100 billion yuan.
3. Lagarde: The ECB's June rate hike was not a precautionary measure.
4. Citigroup raised its year-end forecast for the 10-year US Treasury yield to 3.9%.
5. RBA meeting minutes: Still prepared to raise rates if necessary, focusing on excess demand and a weak housing market.
6. Indonesian bond yields rose, attracting $1.2 billion in funds.
7. Amundi: Japanese bond duration is considered "extremely attractive."
8. The Shanghai Stock Exchange set a threshold for bond bid prices deviating from the limit; exceeding the threshold requires secondary confirmation from clients.
9. The launch of the overnight reverse repo tool boosted market sentiment; the main 10-year Treasury bond futures contract hit a new high for the year.
10. Aerospace Hongtu: Its corporate credit rating was downgraded to B- with a negative outlook; the rating of its convertible bonds was also downgraded to B-.
11. China Construction Bank successfully issued RMB 60 billion in TLAC non-capital bonds.
12. Country Garden completed its first interest payment after its overseas debt restructuring took effect.
