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Tencent Licaitong (on-demand + 7-day) 7-day annualized yields ranged 0.7750–1.0700%. WeChat Lingqian Tong 7-day annualized yields ranged 0.9680–1.0040%. Alipay Yu'e Bao 7-day annualized yields ranged 1.0020–1.0240%.

2026-07-03

Tencent Licaitong (on-demand + 7-day) 7-day annualized yields ranged 0.7750–1.0700%. WeChat Lingqian Tong 7-day annualized yields ranged 0.9680–1.0040%. Alipay Yu'e Bao 7-day annualized yields ranged 1.0020–1.0240%.

Other News
2026-07-03

KATAYAMA, Japan's finance minister, said on rising JGB yields he will strive to implement fiscal policy to win market confidence.

KATAYAMA, Japan's finance minister, said on rising JGB yields he will strive to implement fiscal policy to win market confidence.
2026-07-03

Federated Hermes senior fixed-income portfolio manager Karen Manna said in a report that the most significant change in the fixed-income market in 1H 2026 was the return of inflation expectations. Historically, geopolitical shocks drove safe-haven fl

Federated Hermes senior fixed-income portfolio manager Karen Manna said in a report that the most significant change in the fixed-income market in 1H 2026 was the return of inflation expectations. Historically, geopolitical shocks drove safe-haven flows into U.S. Treasures and pushed yields lower. After the Iran conflict erupted, however, inflation concerns dominated and pushed yields higher — especially at the short end of the curve. Market pricing shifted materially: markets stopped pricing more than two rate cuts and began discussing the possibility of one or even two rate hikes.
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