每日机构分析：11月10日

Group 1 - Citibank indicates that Japan's ultra-long bond yields are expected to fluctuate between 3% and 3.2%, supported by a reduction in issuance scale and weakened economic conditions, which dampen rate hike expectations [1] - Mizuho Securities notes that the anticipated end of the U.S. government shutdown may exacerbate yen depreciation, with potential for verbal intervention from Japan if the USD/JPY approaches 160 [2] - Deutsche Bank highlights that the end of the U.S. government shutdown may not provide immediate clarity on economic data, leaving the dollar's outlook uncertain [3] Group 2 - S Cube Capital's CIO mentions that the temporary funding bill passed by the Senate only delays issues until January 2026, and while it may help restore economic data releases, the focus should remain on the real economy [1] - LBBW analysts predict that U.S. long-term Treasury yields may face greater supply pressure starting next summer due to potential increases in issuance of coupon and floating rate notes [2] - Goldman Sachs compares the current AI investment trend to the internet construction phase of 1997-1998, suggesting that AI is still in its early expansion stage and expects a 5-10% rise in U.S. stocks by year-end [2]