日本40年期国债收益率上涨1.0个基点，达到3.935%。

CITIC Securities says market style is entering a phase test and capital flows may produce a 'high-to-low' rotation. It flags the consumer sector as underweight, lowly valued, relatively high-yielding and sensitive to potential policy support, making sector rebalancing attractive. Recommended allocation themes: supply-side reversal in agriculture (livestock), structurally expanding service consumption, valuation-driven defensive staples, and new consumption as a long-term structural opportunity.

IAEA Director General Grossi will meet Rosatom CEO in Kaliningrad on Friday.