两年期德债收益率涨1.0个基点，报1.887%，欧股盘前"跳空高开"并迅速涨至1.900%刷新日高，随后震 荡下行，19:05跌至1.869%刷新日低；30年期德债收益率跌1.9个基点，报3.226%。 周二（7月15日）欧市尾盘，德国10年期国债收益率跌1.9个基点，报2.712%，欧股盘前"跳空低开"，全 天处于下跌状态，整体呈现出U形走势，交投于2.726%-2.670%区间，在长时间的低位震荡状态中、于 北京时间20:30发布美国CPI数据之后刷新日低。 2/10年期德债收益率利差跌2.741个基点，报+82.311个基点。 ...

美国10年期国债收益率创下四周高点，上一交易日曾上升4.8个基点至4.475%。 ...

美国10年期国债收益率创下四周新高，日内涨4.8个基点至4.487%。 美国10年国债收益率 ...

智通财经7月15日电，英国30年期国债收益率扭转早些时候的跌幅，当日上涨近5个基点，达到 5.478%，为5月29日以来的最高点，因美国收益率上升。 ...

两年期美债收益率涨约5个基点，持稳于日高3.9524%附近；10年期美债收益率涨3.6个基点，刷新日高 至4.4713%。 美国30年期国债收益率涨至5.0093%，为6月2日以来首次，日内当前涨约2.8个基点，北京时间20:30发 布美国CPI数据之后、美股开盘之前，还曾跌至4.9306%刷新日低。 ...

美国30年期国债收益率自6月以来首次升至5%。 ...

美国10/30年期通胀挂钩国债均衡收益率创2月份以来新高。 ...

纳指期货日内涨0.72%，标普500指数期货涨0.46%；美国国债收益率走低，2年期国债收益率下行逾 1bp，现报3.898%；10年期国债收益率日内下行逾2bp，现报4.954%。美元指数短线走低，日内跌 0.13%。 ...

Core Insights - The growth of foreign-controlled joint venture wealth management companies in China has been notable, with firms like BNP Paribas and BlackRock's joint venture surpassing 500 billion yuan in total assets, and the former exceeding 600 billion yuan in July [1][3] - In contrast, many domestic wealth management companies experienced a decline in scale in June, attributed to a recovering stock market and low bond yields [1][3] - Fixed income assets are crucial for institutions to expand their scale, especially in a low-interest-rate environment, with the 10-year government bond yield dropping from around 3% at the beginning of 2023 to approximately 1.6% [3][8] Foreign Wealth Management Expansion - Foreign wealth management firms in China have seen a resurgence in scale over the past two years, with BlackRock's joint venture achieving nearly double its size this year [2][3] - The focus of these firms is primarily on fixed income assets, including cash management products and various fixed income strategies, while maintaining a low allocation to equity assets [3][4] - BlackRock's joint venture has launched a total of 120 products across various risk levels, aiming to meet diverse investor needs [4] Domestic Wealth Management Trends - Domestic wealth management companies still dominate the market, with three firms exceeding 2 trillion yuan in scale and nearly ten others surpassing 1 trillion yuan [1][8] - The overall scale of wealth management products in the market reached 30.97 trillion yuan as of June 2025, reflecting a slower growth rate compared to previous years [6][8] - The decline in scale for many domestic firms in June was significant, with a total drop of nearly 10 billion yuan across various institutions [7] Market Conditions and Future Outlook - The current bond market is characterized by low yields, posing challenges for the expansion of wealth management scales [8] - Expectations for monetary policy adjustments, such as rate cuts, are low, with potential policy changes anticipated around September or later [10] - The prevailing view among institutions is to maintain a range-bound strategy in the bond market, with expectations for the 10-year government bond yield to fluctuate between 1.6% and 1.7% [10]

路透调查：预计美国十年期国债收益率将在三个月内降至4.40%，六个月内降至4.30%，低于六月份调 查中的4.35%和4.29%。 ...