大类资产早报-20250509

Report Overview - The report is a macro team report from the research center, titled "Large Asset Morning Report", dated May 9, 2025, presenting global asset market performance, stock index futures trading data, and treasury bond futures trading data [1] Global Asset Market Performance 10-Year Treasury Yields of Major Economies - On May 8, 2025, the 10-year treasury yields of the US, UK, France, etc. were 4.380, 4.545, 3.239 respectively. The latest changes were 0.109, 0.087, 0.045; weekly changes were 0.170, 0.037, 0.003; monthly changes were 0.194, -0.069, -0.158; annual changes were -0.325, 0.184, 0.112 [2] 2-Year Treasury Yields of Major Economies - On May 8, 2025, the 2-year treasury yields of the US, UK, Germany, etc. were 3.780, 3.921, 1.769 respectively. The latest changes were 0.180, 0.124, 0.059; weekly changes were 0.010, 0.062, 0.030; monthly changes were -0.030, -0.069, -0.005; annual changes were -1.080, -0.550, -1.239 [2] Dollar Exchange Rates Against Major Emerging Market Currencies - On May 8, 2025, the dollar exchange rates against the Brazilian real, Russian ruble, South African rand, etc. were 5.663, - , 18.201 respectively. The latest changes were -1.43%, - , -0.35%; weekly changes were 0.14%, - , -1.75%; monthly changes were -4.25%, - , -7.42%; annual changes were 9.77%, - , -4.37% [2] Stock Indices of Major Economies - On May 8, 2025, the closing prices of the S&P 500, Dow Jones Industrial Average, Nasdaq, etc. were 5663.940, 41368.450, 17928.140 respectively. The latest changes were 0.58%, 0.62%, 1.07%; weekly changes were 2.45%, 2.84%, 3.24%; monthly changes were 11.89%, 8.96%, 14.90%; annual changes were 12.19%, 8.62%, 14.84% [2] Credit Bond Indices - The latest changes in the US investment-grade credit bond index, eurozone investment-grade credit bond index, and emerging market investment-grade credit bond index were -0.40%, -0.07%, -0.23% respectively; weekly changes were -0.88%, -0.04%, -0.38%; monthly changes were 0.28%, 1.33%, 0.22%; annual changes were 7.02%, 6.35%, 7.53% [2] Stock Index Futures Trading Data Index Performance - The closing prices of A-shares, CSI 300, SSE 50, etc. were 3352.00, 3852.90, 2679.51 respectively, with changes of 0.28%, 0.56%, 0.33% [3] Valuation - The PE (TTM) of the CSI 300, SSE 50, and CSI 500 were 12.45, 10.81, 29.04 respectively, with环比 changes of 0.04, 0.00, 0.17 [3] Risk Premium - The risk premiums of the S&P 500 and German DAX (1/PE - 10-year interest rate) were -0.25, 2.80 respectively, with环比 changes of -0.13, -0.12 [3] Fund Flows - The latest values of A-shares, the main board, and the GEM were 178.56, 85.42, 96.57 respectively [3] Trading Volume - The latest trading volumes of the Shanghai and Shenzhen stock markets, CSI 300, and SSE 50 were 12933.77, 2469.87, 634.09 respectively, with环比 changes of -1749.40, -390.24, -172.46 [3] Basis - The basis of IF, IH, and IC were -36.90, -14.71, -113.81 respectively, with amplitudes of -0.96%, -0.55%, -1.97% [3] Treasury Bond Futures Trading Data - The closing prices of T00, TF00, T01, and TF01 were 109.060, 106.180, 109.215, 106.515 respectively, with changes of -0.18%, -0.06%, -0.18%, -0.04% [4] - The funding rates of R001, R007, and SHIBOR-3M were 1.5757%, 1.6477%, 1.7200% respectively, with daily changes of -13.00, -6.00, -2.00 [4]