预计地方债发行规模延续增加态势：环球市场动态2026年1月9日

Market Overview - A-shares experienced a slight decline, ending a streak of gains, with the Shanghai Composite Index down 0.07% at 4,082.98 points[16] - The Hang Seng Index fell 1.17% to 26,149 points, with all three major indices in Hong Kong closing lower[11] - U.S. markets showed mixed results, with the Dow Jones up 0.55% at 49,266 points, while the Nasdaq dropped 0.44% to 23,480 points[9] Fixed Income - U.S. Treasury yields rose by 2-3 basis points, with the 10-year yield at 4.17%[28] - A total of $48.21 billion in new bonds was issued on Thursday, bringing the weekly total to $952.21 billion[28] - The Asian bond market remained resilient, with mixed performance across bonds and spreads remaining stable[28] Commodities - Oil prices surged over 3%, with WTI crude closing at $57.76 per barrel, driven by geopolitical tensions and supply concerns[25] - Gold prices remained stable, closing at $4,460.7 per ounce, as the market awaited U.S. non-farm payroll data[25] Economic Indicators - The U.S. labor market showed resilience, with a decrease in layoffs and an increase in hiring plans, marking the highest level since 2022[5] - The U.S. trade deficit narrowed by nearly 40% in October due to a significant drop in imports[5] Sector Performance - In the U.S., the energy sector led gains with a 3.20% increase, while technology stocks faced pressure, particularly Nvidia, which fell 2.15%[9] - In Hong Kong, high-dividend sectors like coal and electricity stocks performed well, while technology and financial sectors struggled[11]