上海期货交易所指定交割仓库期货5月23日仓单日报显示，白银期货总计960641千克，今日仓单较上一 日增加11444千克。 沪银主力短线还是继续看回落，今日白银期货开盘报8236元/千克，最高触及8286元/千克，最低触及 8200元/千克，截止收盘报8263元/千克，日内跌幅0.37%。 周四的数据显示，经季节性调整的英国制造业采购经理人指数意外从 4 月份的 45.4 降至 5 月份的 45.1，因为市场预测报告期内的读数为 46.0。与此同时，英国 5 月服务业商业活动指数初值升至 50.2， 而前值为 49.0，预期为 50.0。 在美国国债收益率下跌的推动下，英镑/美元上涨，美元下跌。由于对美国财政赤字增加的担忧日益加 剧，30 年期美国债券收益率从 5.15% 回落，为 19 个月来的最高水平，而特朗普的"一大美丽法案"正在 进入参议院。 美国众议院周四以一票之差批准了特朗普的预算，该预算将对小费收入和美国制造的汽车贷款提供税收 减免。据国会预算办公室 （CBO） 称，该提案预计将使赤字增加 38 亿美元。 地区 仓库 期货 增减 上海 中储吴淞 111864 0 外运华东虹桥 121651 0 ...

Group 1 - The yield on Germany's 10-year government bonds decreased by 0.3 basis points, settling at 2.643%, with intraday trading between 2.666% and 2.635% [1] - The yield on Germany's 2-year bonds fell by 4.0 basis points to 1.831%, initially opening slightly higher at 1.874% before declining, and reaching a daily low of 1.821% [1] - The yield on Germany's 30-year bonds increased by 1.5 basis points, reaching 3.151% [1] Group 2 - The spread between the 2-year and 10-year German bond yields rose by 3.725 basis points, now at +80.950 basis points [2]

智通财经5月22日电，英国30年期国债收益率升至自4月9日以来的最高水平，报5.579%，日内涨6个基 点。 ...

美国国债收益率继续攀升，10年期至30年期国债收益率达到周高点。 ...

Core Viewpoint - The U.S. Congress's tax reform proposal is raising concerns about significantly increasing the federal deficit, leading to a rise in U.S. Treasury yields and a sell-off in the stock market [1][2]. Group 1: Market Reactions - The U.S. stock market experienced a notable decline on May 21, with the Dow Jones Industrial Average dropping 816.80 points to close at 41,860.44, a decrease of 1.91% [1]. - The S&P 500 index fell by 95.85 points to 5,844.61, down 1.61%, while the Nasdaq Composite Index decreased by 270.07 points to 18,872.64, a drop of 1.41% [1]. - The auction of $16 billion in 20-year Treasury bonds saw weak demand, resulting in a rise in bond yields, which negatively impacted the stock market [1]. Group 2: Treasury Yields - The 30-year Treasury yield surpassed 5% for the second time that week, closing at 5.09%, marking the highest level since October 2023 [2]. - The 10-year Treasury yield increased by 11 basis points to 4.6% on the same day [2]. - The yield on the 20-year Treasury bond reached 5.047%, the first time it has exceeded 5% since October 2023, indicating a lack of interest in purchasing new bonds [1][2]. Group 3: Economic Concerns - The proposed tax reform is expected to increase the federal deficit by approximately $3 trillion over the next decade, raising the debt-to-GDP ratio from 100% to a record 125% [2]. - Moody's downgraded the U.S. sovereign credit rating from Aaa to Aa1 due to rising government debt and interest expenditures [2]. - Concerns about inflation control and debt management are contributing to the rise in Treasury yields, as noted by market analysts [3]. Group 4: Corporate Earnings Impact - Major retailers, including Target, have lowered their full-year earnings forecasts due to slowing consumer spending and declining confidence, further pressuring the stock market [3].

智通财经5月22日电，日本40年期国债收益率上涨6个基点至3.675%，触及2007年开始发行以来的最高 水平。 ...

日本20年期国债收益率上涨5.5个基点至2.595%。 ...

Group 1 - The yield on Japan's 5-year government bonds has increased by 2.5 basis points, reaching 1.02% [1]

Group 1 - The yield on Japan's 5-year government bonds has increased by 2.5 basis points to 1.02% [1]

Core Viewpoint - The Japanese government bond market is experiencing significant challenges, with declining bond prices and rising yields, reflecting investor concerns over the Bank of Japan's reduced bond purchases and broader economic risks [1][3][5]. Group 1: Japanese Government Bonds - Recent auctions for 20-year Japanese government bonds have shown poor results, with a bid-to-cover ratio of only 2.5, the lowest since 2012, and a tail difference reaching 1.14, the highest since 1987, indicating weak market demand [3]. - The yield on 20-year Japanese government bonds has risen to its highest level since 2000, while yields on 30-year and 40-year bonds have reached historical highs [3]. - The Bank of Japan currently holds 52% of the Japanese government bond market, making it the largest buyer, but concerns are growing about the ability to find buyers as the central bank reduces its purchases [5]. Group 2: Economic Indicators and Market Reactions - Japan's composite PMI for May has dropped to 49.8 from 51.2, signaling a contraction in economic activity, which has contributed to a decline in the Nikkei index [1]. - A recent survey indicates that nearly two-thirds of Japanese companies are urging the Bank of Japan to pause its interest rate hike plans, reflecting concerns over economic stability and uncertainty from U.S. trade policies [6]. - The rise in U.S. Treasury yields, particularly the 10-year yield approaching 4.6% and the 30-year yield surpassing 5%, is closely linked to the performance of the Japanese bond market and has implications for global liquidity [7][8].