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2024-12-14 07:33:22

Bank for International Settlements: The biggest threat to global stability is the debt carnival of governments. The Bank for International Settlements (BIS) said that the biggest threat to world economic stability is the government's borrowing habits, and the recent changes in market sentiment should be vigilant. Claudio Borio, a senior official of BIS, said in his quarterly report that priority should be given to repairing public finances before the panic of bond investors spreads. "The global financial outlook is still very worrying," said the retiring head of the BIS monetary and economic department. "The trajectory of government debt poses the most serious threat to macroeconomic and financial stability."The U.S. military said that two U.S. navy destroyers successfully intercepted weapons fired by Houthi forces during their voyage in the Gulf of Aden.An attack on a minibus in Haiti caused 8 deaths and 10 injuries. On December 10, local time, Haitian police released a report saying that a minibus was attacked by gangs in Deluge, Artibonite province on the 9 th, causing 8 deaths and 10 injuries, including 8 serious injuries. (CCTV)


US Treasury Secretary Yellen: It is a pity that the deficit has not been reduced to a greater extent. The outgoing US Treasury Secretary Yellen said that after President-elect Trump nominated Besant as Treasury Secretary, she had a conversation with the successor. Yellen said on Tuesday (December 10) that she introduced the breadth of work and personnel strength of the department to Besant, an experienced hedge fund manager, in a phone call before Thanksgiving. In addition, Yellen also reiterated the warning of undermining the independence of the Federal Reserve and widely imposing tariffs. In addition, she also expressed regret over the financial situation. Yellen also expressed regret that she failed to make more progress in narrowing the fiscal deficit during her tenure. "I'm worried about financial sustainability, and it's a pity that we haven't made more progress," she said. "I think we need to reduce the deficit, especially now that we are in an environment of higher interest rates."The yield of 10-year treasury bonds hit a new low, and the industry has been optimistic about the bond market for a long time. Recently, the bond market has continued to stage a strong market, with the yield of 10-year and 30-year treasury bonds hitting record lows and the futures price of treasury bonds hitting record highs. As the tone of monetary policy shifts from "steady" to "moderately loose", the market expects to lower the RRR and cut interest rates. Many insiders believe that the strong bond market pattern is expected to continue until 2025. Under the background of further opening of interest rate downside, long-term bonds have become the focus of investors' layout. (SSE)The rapid rise of long-term debt reflects the hot sentiment in the bond market. On December 10th, the transaction interest rate of the 10-year active bond "240011" further dropped to 1.84%, hitting a record low. By the close of the day, treasury bonds futures rose across the board, and the main contract of representative 10-year treasury bonds futures hit a record high. Experts said that the loose expectation of monetary policy and the strong demand for institutional allocation constitute an important supporting factor for the recent bond market to continue to go bullish. But at the same time, as bond prices rise and yields fall, market volatility may also rise. (CSI)


US President Biden made a speech on the latest developments in Syria. US President Biden said that the collapse of the Assad regime is a historic opportunity for the Syrian people, and they can build a better future for their country. This is also a moment full of risks and uncertainties. Biden said: "When we all turn to the next step, the United States will cooperate with our partners and stakeholders in Syria to help them seize the opportunity to manage risks."Boeing said that after several weeks of system preparation to ensure that the team, parts and factories are ready, the production of the 737 has been resumed.The FTSE A50 futures index closed down 0.05% at 13,569.000 points in a row.

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