大类资产早报-20260119

Report Summary 1. Global Asset Market Performance - 10 - Year Treasury Bonds: Yields vary among major economies. For example, the US is at 4.224%, the UK at 4.400%, and China at 1.836% [1] - 2 - Year Treasury Bonds: The US 2 - year bond yield is 3.588%, and the Chinese 1 - year yield is 1.230% [1] - Exchange Rates: The dollar - to - Brazilian real exchange rate is 5.371, and the on - shore RMB exchange rate is 6.970 [1] - Stock Indices: Different major economies' stock indices have various values. The S&P 500 is at 6940.010, and the Shanghai Composite Index is at 4101.913 [1] 2. Stock Index Futures Trading Data - Index Performance: A - shares closed at 4101.91 with a - 0.26% change, and the CSI 500 rose 0.11% to 8232.67 [2] - Valuation: PE(TTM) of the S&P 500 is 27.72 with a - 0.01% change, and the German DAX is 19.63 with a - 0.04% change [2] - Risk Premium: The risk premium of the S&P 500 is - 0.62 with a - 0.05% change, and the German DAX is 2.26 with a - 0.01% change [2] - Fund Flows: A - shares had a net outflow of 1311.65, and the 5 - day average was - 930.52 [2] 3. Transaction Data - Trading Volume: The total trading volume of the Shanghai and Shenzhen stock markets was 30262.32, with a 1207.36 increase [3] - Main Contract Premium/Discount: IF had a basis of - 8.67 and a - 0.18% change, IH had a basis of 4.64 and a 0.15% change [3] 4. Treasury Bond Futures Trading Data - Closing Prices: T2303 closed at 108.07 with a 0.03% increase, and TF2306 closed at 105.84 with a 0.08% increase [3] 5. Money Market - Funding Rates: R001 was 1.3734% with an 18 - BP decrease, and SHIBOR - 3M was 1.6000% with no change [3]