A-share property stocks rallied, with Jinke and Jintou Chengkai opening at the daily limit-up. Huali Family, Rongfeng Holdings, Electronics City, Binjiang Group and Greenland Holdings were among the top gainers.

Ed Yardeni, president and chief investment strategist at Yardeni Research, said he believes Walsh is using aggressive inflation rhetoric to lower borrowing costs by pushing down government bond yields that feed into mortgage and auto loan rates. Yardeni said he thinks the Treasury and the Fed have effectively struck a new arrangement to suppress the 10‑year Treasury yield: Bessent and Walsh are acting as a team and have persuaded Trump that the best way to lower borrowing costs is to take a hard line on inflation and, if necessary, raise rates. That, Yardeni said, should push down bond yields and stimulate the economy. He noted Bessent has recently acknowledged the bond market’s power and Trump’s acceptance; Bessent told the New York Economic Club on June 23 that more governments have been toppled by the bond market than by artillery.

【期貨熱點追蹤】國際油價走低背景下，棕櫚油生柴優勢或遭質疑，今日馬棕油呈區間震盪，印尼財政壓力陡增，市場擔憂B50政策或成"空中樓閣"。