PBOC released May 2026 financial market data. At end‑May the 10‑year government bond yield was 1.71%; the 10‑year minus 1‑year yield spread was 55bps, narrowing 3bps MoM. May net financing: government bonds 1,223.6 bln yuan, down 235.0 bln YoY; corporate bonds 168.0 bln yuan, up 18.4 bln YoY. Bond market custody balance stood at 202.6 tln yuan at end‑May. Spot bond market turnover in May was 36.7 tln yuan, +8.8% YoY; interbank spot turnover rate 18.0%, down 3.9 percentage points MoM. Active 10‑y

CITIC Securities forecasts robust semiconductor-equipment demand driven by large downstream customers’ capex guidance and expansion plans. It projects the global wafer fab equipment (WFE) market will expand 26% YoY in 2026 to $147.8bn and 35% YoY in 2027 to $199.5bn, with memory’s share increasing. As capacity is brought online and new product cycles roll out, equipment makers’ pricing power may improve. The report advises monitoring equipment suppliers exposed to memory and capex-led spending.

EU Agency for Cybersecurity (ENISA) met with ANTHROPIC on Thursday, the European Commission said.