Group 1 - The CEO of Bank of America, Brian Moynihan, predicts a de-escalation of trade tensions under the Trump administration in the coming year, despite the impact of 2025 tariff measures on the U.S. economy [1][6] - The new tariff framework will maintain an average rate of 15%, with higher rates for countries unwilling to commit to increased purchases from the U.S. or to reduce non-tariff barriers [1][6] - Moynihan states that the adjustment from a comprehensive 10% tariff to 15% will not significantly impact most countries, indicating signs of easing tensions [1][6] Group 2 - The U.S. Treasury market is experiencing notable friction due to the Federal Reserve's reduction of its bond holdings since 2022, with the failure to deliver 10-year Treasury bonds reaching its highest level in eight years [1][6] - As of the week ending December 10, the value of undelivered transactions for the latest 10-year Treasury bonds reached $30.5 billion, the highest since December 2017 [1][6] - Market analysts suggest that the ongoing balance sheet reduction by the Federal Reserve may lead to more frequent structural tensions in the key maturity Treasury bonds, posing new challenges to the stability of short-term funding markets [1][6]

据玉渊谭天消息，当地时间6月9日下午，中美经贸磋商机制首次会议在英国伦敦举行。玉渊谭天了解到，当地时间6月10日，中美经贸磋商机制首 次会议将继续进行。 该消息推动亚洲股市周二延续自2021年11月以来的最高涨幅，而日央行对通胀目标的谨慎言论则让日元走跌。韩元兑美元跌幅扩大至0.7%，韩国 股市回吐涨幅。标普500指数期货均转跌。 股市却在贸易紧张局势将降温的乐观情绪中继续上涨。MSCI中国指数上涨进入牛市——交易员术语中从近期低点上涨20%。MSCI亚太指数周二 连续第二天上涨。 日元正面临来自本土的额外压力。日本央行行长植田和男表示，央行距离通胀目标仍有一段距离，这一表态帮助加速了日元的疲软。日元兑美元 下跌 0.2% 至 144.57。 虽然植田和男也淡化了任何降息刺激经济的可能性，但他提及可能需要为经济提供支持，很可能给人留下了央行下次加息将更加遥远的印象。日 经225指数因此上涨近1%。 标准普尔 500 指数期货开盘上涨 0.3%，随后转跌。 日本东证指数上涨 0.4%。 美元现货指数上涨 0.2%。欧元兑美元下跌 0.2% 至 1.1396 美元。日元兑美元下跌 0.2% 至 144.88。 韩 ...