第 529 期 2025-12-29 焦点关注 郑州产业投资集团更名成立！注册资本300亿元 12月29日，郑州发展投资集团有限公司发布公告称，公司名称已由"郑州发展投资集团有限公司"变更 为"郑州产业投资集团有限公司"，注册资本由10亿元变更为300亿元，增资部分由股东郑州市财政局以 货币290亿元投入，在2030年12月25日前缴足。 该公司成立于2010年12月，由郑州市财政局全资持股。上述注册资本增加不会导致本公司的控股股东和 实际控制人发生变化。 地方化债、债务司、反"内卷"，九大关键词回顾债市这一年 2025年对于债券市场而言，是挑战与机遇并存的一年。这一年，债券市场告别相对"躺赢"，步入高波动 震荡期。同时，政策与机制的进一步优化，创新品种与新型工具的持续推出，也为经济高质量发展提供 了坚实支撑。 年终岁尾，大河财立方记者梳理2025债市领域九大关键词，地方化债、债务管理司成立、债市"科技 板"、央行重启国债买卖、股债跷跷板、超长期特别国债、房企化债进程加速、土储专项债重启、反"内 卷"。既是对过去一年的回顾，也是对来年债券市场趋势的探寻。 国债期货收盘全线下跌 12月29日，国债期货收盘全线下 ...

Economic Indicators - Consumer prices rose 0.4% in August, increasing the annual CPI rate to 2.9% from 2.7% in July, driven by higher costs in shelter, food, and gasoline [2] - The headline PPI index decreased by 0.1% in August but remained 2.6% higher year-over-year, while core PPI increased by 2.8%, marking the largest yearly rise since March [3] - Nonfarm payrolls increased by only 22,000 in August, with unemployment steady at 4.3% and labor force participation at 62.3% [4] Market Reactions - The 2-year Treasury yield is at 3.56% and the 10-year yield at 4.07%, indicating a modestly inverted yield curve [5] - The S&P 500 closed at 6,584 after a 1.6% weekly increase, marking its best performance since early August [6] - The Nasdaq Composite reached 22,141, achieving five consecutive record highs, while Bitcoin is trading at $115,234 with a global crypto market cap of $4.14 trillion [7] Commodity Trends - Gold prices surged to $3,643 per ounce, nearing record highs as investors seek inflation hedges amid lower real yields [8]