Group 1 - Investors are seeking safe-haven assets due to escalating trade tensions, leading to increased buying in the U.S. Treasury market, resulting in a decline in bond yields [1] - As of October 14, the 2-year U.S. Treasury yield fell by 3.7 basis points to 3.485%, the 10-year yield decreased by 3.4 basis points to a one-month low of 4.017%, and the 30-year yield dropped by 2.6 basis points to 4.608% [3] - The Philadelphia Fed President, Harker, indicated that risks in the U.S. labor market are rising, suggesting that the Federal Reserve should consider further rate cuts, while the impact of tariffs on inflation may be less significant than previously expected [3] Group 2 - In Europe, major government bond yields are declining, with the 10-year German bond yield down by 2.8 basis points to 2.602% and the 10-year Italian bond yield down by 2 basis points to 3.439% [4] - The Bank of England's MPC member, Green, stated that interest rates may further decline, but there are risks that inflation pressures in the UK could slow down [4] - In the Asia-Pacific market, the Tokyo stock market saw significant declines, with the Nikkei average dropping over 700 yen at one point, while the Japanese bond market exhibited mixed results [6] Group 3 - The U.S. Treasury Department appears to be reducing the frequency of bond issuances due to the government shutdown, with plans to issue three types of bonds on October 14, including $86 billion in 13-week and $77 billion in 26-week bills [6] - Japan's Ministry of Finance announced plans to issue a 10-year climate transition bond worth 300 billion yen on October 21 [6]