Group 1 - The U.S. Treasury auctioned 52-week Treasury bills with a winning yield of 3.940%, an increase from the previous rate of 3.930% reported on May 13 [1] - The bid-to-cover ratio was 3.22, slightly lower than the previous ratio of 3.31 [1]

市场波动风险加剧，因为美联储已进入下周利率决议会议前的"静默期"，期间官员不得公开发表评论。 这意味着，尽管上周五公布的非农就业数据意外强劲，刺激了市场对通胀回升的担忧，本周不会有官员 出面进行口头引导。 Freedom Capital Markets首席全球策略师Jay Woods警告称，如果CPI数据高于预期、显示出持续性的通 胀趋势，"将为这波股市反弹泼上一盆冷水"。这可能迫使美联储延后降息，甚至重新考虑加息，以达成 2%的通胀目标。 本周，全球金融市场将迎来一场关键性的"通胀考验"，多项关于美国物价压力的数据将密集公布，与此 同时，美国财政部还将举行两场重要的国债拍卖。这些因素叠加，将对近期全球股市的上涨行情构成严 峻挑战。 "通胀周"已于周一正式拉开序幕。纽约联储最新的通胀预期调查显示，受访者预计未来12个月的通胀率 为3.2%，低于上个月的3.6%，为自去年10月以来首次出现下调。这一"软数据"释放出部分积极信号。 不过，市场的焦点将集中在周三即将发布的"硬数据"，美国商务部5月消费者价格指数(CPI)。据FactSet 预测，整体CPI年增率预计从4月的2.3%上升至2.5%；剔除食品和能源的核 ...

Group 1 - The U.S. Treasury auctioned three-month Treasury bills with a winning yield of 4.250%, unchanged from June 2 [1] - The bid-to-cover ratio for the three-month bills was 2.69, slightly up from the previous auction's ratio of 2.68 [1] - The auction of six-month Treasury bills had a winning yield of 4.150%, also unchanged from June 2 [1] Group 2 - The bid-to-cover ratio for the six-month bills was 2.74, down from the previous auction's ratio of 3.13 [1]

Core Insights - The U.S. Treasury conducted auctions for both four-week and eight-week Treasury bills, with notable results in bid rates and bid-to-cover ratios [1] Group 1: Four-Week Treasury Bill Auction - The awarded yield for the four-week Treasury bill was 4.170%, a decrease from the previous auction's yield of 4.215% [1] - The bid-to-cover ratio for the four-week bill was 3.26, an increase from the prior ratio of 2.92, indicating stronger demand [1] Group 2: Eight-Week Treasury Bill Auction - The awarded yield for the eight-week Treasury bill remained stable at 4.225%, unchanged from the previous auction [1] - The bid-to-cover ratio for the eight-week bill was 3.38, up from the previous ratio of 3.07, reflecting increased investor interest [1]

日本拍卖30年期国债，投标倍数为2.92，低于3.39的12个月均值水平，也为2023年以来最低投标倍数。 拍卖结果出炉后，日本国债期货涨幅回落。 ...

Core Points - The U.S. Treasury auctioned a four-month Treasury bill with a winning yield of 4.205%, slightly down from the previous auction yield of 4.220% [1] - The bid-to-cover ratio for this auction was 3.13, indicating a decrease from the prior auction's ratio of 3.36, suggesting a lower demand for the securities [1]

Economic Outlook - The OECD has downgraded the economic growth forecast for the US to 1.6% for 2025 and 1.5% for 2026, with global economic growth expected to decline to 2.9% and inflation potentially reaching 3.2% [1] - The US Department of Labor reported that job vacancies reached 7.391 million in April, exceeding expectations, indicating healthy demand for labor [2] - The Eurozone's consumer price index (CPI) increased by 1.9% year-on-year in May, which is below market expectations, raising the likelihood of an interest rate cut by the European Central Bank [2] Market Movements - The Dow Jones Industrial Average rose by 0.51% to 42,519.64 points, the S&P 500 increased by 0.58% to 5,970.37 points, and the Nasdaq Composite climbed by 0.81% to 19,398.96 points [3] - COMEX gold futures fell by 0.60% to $3,376.90 per ounce, while COMEX silver futures decreased by 0.05% to $34.68 per ounce [4] - Crude oil prices saw an increase, with the main US oil contract rising by 1.31% to $63.34 per barrel and Brent oil up by 1.47% to $65.58 per barrel [5] Currency and Bond Markets - The US dollar index increased by 0.60% to 99.28, while the euro and British pound both depreciated against the dollar [6] - The yields on US Treasury bonds rose, with the 2-year yield up by 1.45 basis points to 3.945%, the 5-year yield up by 1.91 basis points to 4.021%, and the 10-year yield up by 1.38 basis points to 4.454% [5]

Core Insights - The U.S. Treasury auctioned six-month Treasury bills with a winning yield of 4.225%, slightly down from 4.235% on May 27 [1] - The bid-to-cover ratio was 3.44, indicating strong demand compared to the previous auction's ratio of 3.00 [1] Summary by Category - **Auction Results** - Winning yield for six-month Treasury bills was 4.225% [1] - Previous auction yield was 4.235% on May 27 [1] - **Demand Indicators** - Bid-to-cover ratio was 3.44, showing increased demand [1] - Previous bid-to-cover ratio was 3.00 [1]

日本10年期国债拍卖爆了。 今日，据日本财务省发布的数据，在2.6万亿日元10年期国债的拍卖中，投标倍数从上月的2.54大幅跃升至3.66，拍卖需求关键指标升至2024年4月以来最高水平。受 此影响，日本中长期政府债券价格直线拉升，日本10年期国债收益率一度跌超2%。 有分析警告称，虽然日本10年期国债拍卖结果超出预期暂时缓解了市场紧张情绪，但市场真正的考验将是周四举行的日本30年期国债拍卖。 当前市场正高度关注日本央行是否会进一步减少国债购买量。当地时间6月3日，日本央行行长植田和男暗示，可能在下一财年进一步放缓政府债券购买的步伐。另 外，植田和男还表示，如果日本经济前景实现，日本央行将进一步加息。 日本国债卖爆 6月3日，日本财务省发布的数据显示，本次2.6万亿日元的10年期国债拍卖中，投标倍数从上月的2.54大幅跃升至3.66，远超过去一年的平均水平。拍卖需求关键指 标升至2024年4月以来最高水平（该数值越高，表明市场对债券的需求越强劲）。 受此次标售结果影响，在东京午盘交易中，日本中长期政府债券价格直线拉升，其中，日本10年期国债收益率一度跌超2%。 樱井诚预计，日本国债收益率将保持在较高水平，这将 ...

Group 1 - The U.S. Treasury auctioned $44 billion in seven-year bonds with a winning yield of 4.194%, an increase from the previous rate of 4.123% reported on April 24 [1] - The bid-to-cover ratio was 2.69, which is higher than the previous auction's ratio of 2.55, indicating stronger demand for the bonds [1]