Group 1 - The June non-farm payroll report showed an unexpected resilience in the U.S. job market, which may lead the Federal Reserve to reconsider its decision to cut interest rates in July [1][3] - The U.S. Labor Department reported an increase of 147,000 jobs in June, surpassing the Dow Jones estimate of 110,000 and slightly above the revised figure of 144,000 for May [3] - The unemployment rate fell to 4.1%, the lowest since February, while the broader unemployment rate decreased to 7.7% [3] Group 2 - Average hourly earnings rose by 0.2% month-over-month and 3.7% year-over-year, indicating steady wage growth [3] - The average workweek slightly declined to 34.2 hours, reflecting changes in labor demand [3] - In contrast, the ADP employment report indicated a decrease of 33,000 jobs in the private sector, raising concerns about the labor market's strength [4] Group 3 - U.S. Treasury yields rose following the employment report, with the 2-year yield increasing over 10 basis points to 3.894%, and the 10-year yield rising over 6 basis points to 4.356% [1] - In Europe, bond yields fell as investors bought European government bonds, with the 10-year German bond yield dropping to 3.512% [4] - In the Asia-Pacific region, Japanese bond yields rose, with the 30-year yield increasing by 8.6 basis points to 2.971% [5]

Group 1 - The core viewpoint of the articles indicates that U.S. Treasury yields have shown a slight increase, reflecting unexpected inflation rise as indicated by the Federal Reserve's preferred metrics [1][3] - The 2-year Treasury yield rose by 4.5 basis points to 3.76%, while the 10-year Treasury yield increased by 3.2 basis points to 4.285% [1] - The core inflation rate for May reached 2.7%, exceeding expectations, with economists predicting an overall inflation rate of 2.3% [3] Group 2 - Investors are closely monitoring President Trump's renewed threats against Federal Reserve Chairman Powell [4] - Powell reiterated the Fed's wait-and-see approach regarding interest rates until the impact of tariffs on the economy becomes clearer [5] - In the European market, most government bonds saw a slight increase in yields, with the 10-year German bond yield rising by 1.8 basis points to 2.583% [5] Group 3 - In the Asia-Pacific market, Japanese bond yields increased across the board, with the 10-year yield rising by 3.4 basis points to 1.452% [7] - The U.S. Treasury Department had no bond issuance scheduled for Friday [7]

Group 1 - The U.S. Treasury yields rose across the board, with the 2-year yield increasing by 1.5 basis points to 3.846%, the 10-year yield rising by 3.3 basis points to 4.355%, and the 30-year yield up by 4.3 basis points to 4.902% [1] - Federal Reserve Chairman Jerome Powell is set to present the monetary policy report to Congress, facing pressure from the Trump administration and some Fed officials advocating for interest rate cuts [3][4] - The Federal Open Market Committee has revised its forecast for the core personal consumption expenditures (PCE) inflation rate for Q4 2025 from 2.8% to 3.1%, indicating a potential shift in monetary policy [4] Group 2 - In the European market, German bond yields mostly increased, with the 10-year yield rising by 5.1 basis points to 2.557%, while Italian and French bond yields also saw upward movements [4] - In the Asia-Pacific market, Japanese bond yields generally increased, with the 10-year yield rising by 2.8 basis points to 1.437% [7] - The U.S. Treasury issued a total of $124 billion in two bond offerings, including $55 billion in 6-week bills and $69 billion in 2-year notes [7]

Market Performance - The three major U.S. stock indices closed mixed, with the Dow Jones up 0.08% at 42,206.82 points, the S&P 500 down 0.22% at 5,967.84 points, and the Nasdaq down 0.51% at 19,447.41 points [1] - Major tech stocks mostly declined, with Google down nearly 4%, Meta, Intel, Amazon, and Nvidia down over 1%, while Microsoft saw a slight decrease; Apple rose over 2%, and Netflix and Tesla experienced slight gains [1] - Popular Chinese concept stocks showed mixed results, with Futu Holdings down over 6%, Kingsoft Cloud down over 4%, JD.com down over 3%, and Bilibili down over 2%; however, Fangdd rose over 3% and Douyu increased over 2% [1] European Market - European stock indices closed mixed, with Germany's DAX index up 1.27% at 23,350.55 points, France's CAC40 index up 0.48% at 7,589.66 points, and the UK's FTSE 100 index down 0.2% at 8,774.65 points [1] Commodity Prices - International oil prices showed divergence, with U.S. oil main contract up 0.22% at $74.04 per barrel, while Brent crude main contract fell 1.94% to $77.32 per barrel [1] - International precious metal futures generally declined, with COMEX gold futures down 0.09% at $3,384.40 per ounce and COMEX silver futures down 1.13% at $35.95 per ounce [1] - London base metals all rose, with LME tin up 2.13% at $32,690.00 per ton, LME aluminum up 1.59% at $2,561.50 per ton, LME copper up 0.47% at $9,660.50 per ton, LME zinc up 0.32% at $2,649.00 per ton, LME lead up 0.15% at $1,995.00 per ton, and LME nickel up 0.03% at $15,060.00 per ton [1] Bond Market - U.S. Treasury yields collectively declined, with the 2-year yield down 3.60 basis points at 3.899%, the 3-year yield down 3.36 basis points at 3.858%, the 5-year yield down 3.69 basis points at 3.956%, the 10-year yield down 1.59 basis points at 4.373%, and the 30-year yield down 0.41 basis points at 4.887% [1] - European bond yields mostly decreased, with the UK 10-year yield up 0.7 basis points at 4.536%, while France's 10-year yield fell 2.8 basis points to 3.242%, Germany's 10-year yield down 0.4 basis points to 2.515%, Italy's 10-year yield down 2.6 basis points to 3.493%, and Spain's 10-year yield down 2.3 basis points to 3.213% [1]

Market Performance - The three major U.S. stock indices closed lower, with the Dow Jones down 0.25% at 42,319.74 points, the S&P 500 down 0.53% at 5,939.3 points, and the Nasdaq down 0.83% at 19,298.45 points [1] - Most large tech stocks declined, with Tesla dropping over 14%, Apple down more than 1%, Nvidia down over 1%, and Facebook down 0.48%. In contrast, Google rose 0.1%, Amazon increased 0.33%, and Microsoft gained 0.82% [1] Chinese Stocks - Most Chinese stocks saw gains, with Zhihu Group rising nearly 13%, Kingsoft Cloud up over 7%, Lotus Technology increasing over 5%, and GDS Holdings up over 4%. However, some stocks like Linklogis and Bawang Tea fell over 9% [1] European Indices - European major indices showed mixed results, with Germany's DAX index up 0.19% at 24,323.58 points, reaching a new historical high, while France's CAC40 index fell 0.18% to 7,790.27 points, and the UK's FTSE 100 index rose 0.11% to 8,811.04 points [1] Commodity Prices - International precious metal futures closed mixed, with COMEX gold futures down 0.68% at $3,376.1 per ounce, while COMEX silver futures rose 3.31% to $35.795 per ounce [1] - International oil prices increased across the board, with WTI crude oil main contract up 0.64% at $63.25 per barrel and Brent crude oil main contract up 0.66% at $65.29 per barrel [1] Currency and Bond Yields - The U.S. dollar index fell 0.07% to 98.74, while the offshore RMB against the U.S. dollar dropped 38.5 basis points to 7.1755 [1] - U.S. Treasury yields rose across the board, with the 2-year yield up 6.19 basis points to 3.924%, the 3-year yield up 6.82 basis points to 3.894%, the 5-year yield up 7.13 basis points to 3.995%, the 10-year yield up 3.93 basis points to 4.395%, and the 30-year yield up 0.61 basis points to 4.883% [1] - European bond yields also generally increased, with the UK 10-year yield up 1 basis point to 4.614%, France's 10-year yield up 4.7 basis points to 3.248%, Germany's 10-year yield up 5.2 basis points to 2.576%, Italy's 10-year yield up 3.5 basis points to 3.524%, and Spain's 10-year yield up 4 basis points to 3.155% [1]

Group 1 - Investors are assessing the US economic conditions under moderate inflation and recent trade agreements, leading to a slight increase in US Treasury prices and a decline in yields [1] - The 2-year Treasury yield decreased by 0.6 basis points to 4.011%, the 10-year yield fell by 2.4 basis points to 4.475%, and the 30-year yield dropped by 2.5 basis points to 4.918% [1] - Mortgage demand in the US has risen for the second consecutive week, indicating that potential buyers are attracted by the increased supply of homes for sale [3] Group 2 - The average contract rate for a 30-year fixed mortgage increased from 6.84% to 6.86%, which is 22 basis points higher than the same period last year [3] - The Consumer Price Index (CPI) for April rose by 2.3% year-on-year, which is below economists' expectations of 2.4% and reflects the lowest level since February 2021 [3] - Housing costs were the main driver of inflation in April, despite a decrease in gasoline prices [3] Group 3 - Economists are looking for early signs of tariffs affecting US households, as tariffs are expected to increase consumer prices [4] - Deutsche Bank analysts noted that the impact of tariffs on inflation data is still not fully reflected and may become apparent by June [4] - The UK central bank's chief economist expressed concerns that inflation in the UK may be stronger than expected, potentially requiring higher interest rates than investors anticipate [5] Group 4 - The US Treasury is set to issue a $60 billion 17-week short-term debt on May 14, with additional bonds totaling $160 billion to be issued on May 15 [7]

⑨美债收益率普遍下跌，2年期美债收益率跌1.23个基点报3.996%，3年期美债收益率跌2.24个基点报 3.984%，5年期美债收益率跌1.75个基点报4.094%，10年期美债收益率跌0.59个基点报4.465%，30年期 美债收益率跌0.1个基点报4.905%； ⑩欧债收益率普涨，英国10年期国债收益率涨2.7个基点报4.667%，法国10年期国债收益率涨2.7个基点 报3.351%，德国10年期国债收益率涨3.1个基点报2.677%，意大利10年期国债收益率涨2.2个基点报 3.696%，西班牙10年期国债收益率涨2.5个基点报3.295%。 ⑤国际贵金属期货普遍收涨，COMEX黄金期货涨0.82%报3254.50美元/盎司，COMEX白银期货涨1.43% 报33.09美元/盎司； ⑥国际油价大幅走高，美油主力合约收涨2.71%，报63.63美元/桶；布伦特原油主力合约涨2.43%，报 66.54美元/桶； ⑦纽约尾盘，美元指数跌0.82%报100.9827，离岸人民币对美元上涨27个基点报7.1968； ⑧伦敦基本金属全线上涨，LME期锌涨1.93%报2720.50美元/吨，LME期铅涨1.40%报 ...