欧洲央行：欧洲央行执委施纳贝尔将被任命为国际货币基金组织金融顾问及货币与资本市场部主任。她将于2027年1月3日辞去职务。

JGB yields rose after US Treasuries jumped overnight on stronger-than-expected US data and firmer Fed rate-hike bets. Greater Fed tightening could accelerate USD/JPY gains, fueling speculation the Bank of Japan might need to tighten to curb upside inflation risk. Investors are monitoring developments in the Middle East and the US-China summit. Curve steepened: 2-year +2 bps to 1.920%, 10-year +3.5 bps to 3.110%, 40-year +5.5 bps to 4.255%.

A spokesperson for Ethiopia’s prime minister said Ethiopia, Djibouti and Nigerian billionaire Aliko Dangote will build a $660 mln refined petroleum pipeline.