新华财经北京9月26日电（王菁）债市周五（9月26日）小幅回暖，期债表现优于现券，国债期货主力合 约全线收涨，银行间现券收益率走势稍有分化，国债基本持稳、长端国开债延续偏弱；公开市场单日净 投放4115亿元，隔夜资金利率显著回落。 机构认为，临近季末资金投放力度尚可，流动性虽不至于特别紧张但心态无法完全放松，跨月资金需求 相对较旺。本周债市多数时间震荡回调，近期机构心态分歧在明显增加。 公开市场方面，央行公告称，9月26日以固定利率、数量招标方式开展了1658亿元7天期逆回购操作，操 作利率1.40%，投标量1658亿元，中标量1658亿元。同时，以固定数量、利率招标、多重价位中标方式 开展了6000亿元14天期逆回购操作。数据显示，当日3543亿元逆回购到期，据此计算，单日净投放4115 亿元。 【行情跟踪】 国债期货收盘全线上涨，30年期主力合约涨0.20%报114.190，10年期主力合约涨0.13%报107.680，5年 期主力合约涨0.06%报105.540，2年期主力合约涨0.04%报102.342。 银行间主要利率债收益率走势小幅分化，长端国开债午后偏弱，国债表现持稳。截至发稿，30年期国 债" ...

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints of the Report - No explicit core viewpoints are presented in the given content. The report mainly offers data on the performance of various global asset markets. 3. Summary by Related Catalogs Global Asset Market Performance - **10 - Year Treasury Yields of Major Economies**: On July 24, 2025, yields varied across countries. For instance, the US was at 4.398%, and Japan at 3.917%. Yields showed different changes in the latest, weekly, monthly, and yearly periods. For example, the US had a latest change of 0.015, a weekly change of - 0.055, a monthly change of 0.155, and a yearly change of 0.239 [3]. - **2 - Year Treasury Yields of Major Economies**: Similar to the 10 - year yields, 2 - year yields were also presented for different economies on July 24, 2025. The US 2 - year yield was 3.830, with a latest change of - 0.020, a weekly change of - 0.120, a monthly change of - 0.070, and a yearly change of - 0.620 [3]. - **USD Exchange Rates Against Major Emerging - Market Currencies**: On July 24, 2025, the exchange rates and their changes were provided. For example, the USD - BRL rate was 5.520, with a latest change of 0.01%, a weekly change of - 0.46%, a monthly change of 0.57%, and a yearly change of 1.69% [3]. - **Stock Indices of Major Economies**: Stock indices of various economies were reported on July 24, 2025. The S&P 500 was at 6363.350, with a latest change of 0.07% and 1.05%, a weekly change of 3.62%, a monthly change of 3.01%, and a yearly change of 12.28% [3]. - **Credit Bond Indices**: Different credit bond indices were presented on July 24, 2025. The US investment - grade credit bond index was 3414.280, with a latest change of - 0.06%, a weekly change of 0.47%, a monthly change of - 0.06%, and a yearly change of 4.51% [3][4]. Stock Index Futures Trading Data - **Index Performance**: A - shares closed at 3605.73 with a 0.65% increase. The CSI 300 closed at 4149.04 with a 0.71% increase, the SSE 50 at 2812.44 with a 0.40% increase, the ChiNext at 2345.37 with a 1.50% increase, and the CSI 500 at 6293.60 with a 1.56% increase [5]. - **Valuation**: The PE (TTM) of the CSI 300 was 13.59 with a 0.05环比 change, the SSE 50 was 11.48 with a - 0.01环比 change, the CSI 500 was 30.76 with a 0.43环比 change, the S&P 500 was 27.00 with a 0.02环比 change, and the German DAX was 20.78 with a 0.04环比 change [5]. - **Risk Premium**: The risk premium of the S&P 500 was - 0.69 with a - 0.01环比 change, and the German DAX was 2.11 with a - 0.07环比 change [5]. - **Fund Flows**: The latest values of fund flows for A - shares, the main board, the SME board, the ChiNext, and the CSI 300 were 542.05, 313.60, N/A, 174.27, and 204.32 respectively. The 5 - day average values were - 313.86, - 182.93, N/A, - 121.12, and 55.64 respectively [5]. - **Trading Volume**: The latest trading volumes of the Shanghai and Shenzhen stock markets, the CSI 300, the SSE 50, the SME board, and the ChiNext were 18447.06, 4870.00, 1181.38, 3524.88, and 4582.37 respectively. The环比 changes were - 198.94, 166.69, - 127.52, - 128.77, and 94.99 respectively [5]. - **Basis and Spread**: The basis of IF was - 7.84 with a - 0.19% spread, the SSE 50 was 4.16 with a 0.15% spread, and the CSI 500 was - 67.60 with a - 1.07% spread [5]. Treasury Futures Trading Data - Treasury futures T00, TF00, T01, and TF01 closed at 108.220, 105.585, 108.255, and 105.665 respectively, with changes of - 0.11%, - 0.09%, - 0.09%, and - 0.09% respectively [6]. - The money market rates R001, R007, and SHIBOR - 3M were 1.6924%, 1.6012%, and 1.5530% respectively, with daily changes of 19.00, 10.00, and 0.00 basis points respectively [6].

Report Summary 1. Report Industry Investment Rating No information provided in the given content. 2. Core View of the Report The report presents the performance data of various global asset markets on April 10, 2025, including 10 - year and 2 - year government bond yields of major economies, exchange rates of the US dollar against major emerging - economy currencies, RMB exchange rates, stock indices of major economies, credit bond indices, as well as trading data of stock index futures, government bond futures, and money market interest rates. 3. Summary by Related Catalogs Global Asset Market Performance - **10 - year Government Bond Yields**: On April 10, 2025, the 10 - year government bond yields of the US, UK, France, etc. were 4.428, 4.647, 3.352 respectively. The latest changes, weekly changes, monthly changes, and annual changes vary by country. For example, the US had a latest change of 0.092, a weekly change of 0.295, a monthly change of 0.115, and an annual change of 0.227 [1]. - **2 - year Government Bond Yields**: The 2 - year government bond yields of the US, UK, Germany, etc. on April 10, 2025, were 3.710, 3.899, 1.781 respectively. The latest changes, weekly changes, monthly changes, and annual changes also differ among countries. For instance, the US had a latest change of - 0.020, a weekly change of - 0.180, a monthly change of - 0.330, and an annual change of - 0.830 [1]. - **US Dollar against Emerging - Economy Currencies**: On April 10, 2025, the exchange rate of the US dollar against the Brazilian real was 5.886, with a latest change of 1.04%, a weekly change of 4.00%, a monthly change of 1.48%. Changes in other currency pairs also vary [1]. - **RMB Exchange Rates**: On April 10, 2025, the on - shore RMB, off - shore RMB, middle price, and 12 - month NDF were 7.318, 7.309, 7.209, 7.141 respectively. The latest changes, weekly changes, monthly changes, and annual changes are - 0.39%, 0.69%, 1.10%, 1.32% for on - shore RMB respectively [1]. - **Stock Indices**: On April 10, 2025, the Dow Jones Industrial Average was 5268.050, with a latest change of - 3.46%, a weekly change of - 7.10%, and a monthly change of - 5.92%. Stock indices of other countries also have different performance and changes [1]. - **Credit Bond Indices**: On April 10, 2025, the US investment - grade credit bond index was 3286.380, with a latest change of - 0.58%, a weekly change of - 2.64%, and a monthly change of - 1.61%. Other credit bond indices also show different trends [1]. Stock Index Futures Trading Data - **Index Performance**: The closing prices of A - shares, CSI 300, SSE 50, ChiNext, and CSI 500 were 3223.64, 3735.12, 2612.62, 1900.53, 5544.06 respectively, with corresponding percentage changes of 1.16%, 1.31%, 0.60%, 2.27%, 1.92% [2]. - **Valuation**: The PE (TTM) of CSI 300, SSE 50, CSI 500, S&P 500, and German DAX were 12.07, 10.48, 27.28, 22.53, 16.88 respectively, with corresponding环比 changes of 0.10, 0.01, 0.49, - 0.81, 0.73 [2]. - **Fund Flows**: The latest values of fund flows in A - shares, the main board, small and medium - sized enterprise board, ChiNext, and CSI 300 were - 440.01, - 295.29, N/A, - 124.82, - 93.11 respectively, and the 5 - day average values were - 4.72, 43.85, N/A, - 34.29, 148.46 respectively [2]. - **Trading Volume**: The latest trading volumes of the Shanghai and Shenzhen stock markets, CSI 300, SSE 50, small - cap board, and ChiNext were 16094.68, 4038.43, 1148.06, 3082.80, 4251.57 respectively, with corresponding环比 changes of - 901.37, - 511.88, - 289.00, - 203.91, 62.67 [2]. - **Basis Spread**: The basis spreads of IF, IH, and IC were - 62.12, - 30.42, - 35.06 respectively, with corresponding spreads of - 1.66%, - 1.16%, - 0.63% [2]. Government Bond Futures Trading Data - **Closing Prices and Percentage Changes**: The closing prices of T00, TF00, T01, and TF01 were 109.035, 106.500, 109.070, 106.635 respectively, with percentage changes of 0.13%, 0.16%, 0.13%, 0.16% [3]. - **Funding Rates**: The funding rates of R001, R007, and SHIBOR - 3M were 1.6842%, 1.7618%, 1.8000% respectively, with daily changes of - 16.00 BP, - 8.00 BP, - 1.00 BP [3].

Report Summary 1. Report Industry Investment Rating - No information provided in the content. 2. Core View of the Report - The report presents the latest data on major global asset markets, including government bond yields, exchange rates, stock indices, and credit bond indices, along with their changes over different time periods [2][3][4]. 3. Summary by Related Catalogs Government Bond Yields - **10 - year Government Bonds**: On April 1, 2025, the 10 - year government bond yields of the US, UK, France, etc. were 4.170%, 4.637%, 3.400% respectively. The latest changes ranged from - 0.077% (Italy) to 0.023% (South Korea), with significant differences in one - year changes, such as - 0.754% for Japan and 0.643% for the UK [2]. - **2 - year Government Bonds**: The 2 - year government bond yields of the US, UK, Germany, etc. on April 1, 2025, were 3.890%, 4.171%, 2.019% respectively. The latest changes varied, with - 0.080% for the US and 0.021% for Japan. One - year changes also showed large disparities, like - 0.790% for the US and 0.662% for Japan [2]. Exchange Rates - **Dollar against Major Emerging Economies' Currencies**: On April 1, 2025, the exchange rate of the dollar against the Brazilian real was 5.683, with a latest change of - 0.41%. Against the South African rand, it was 18.472, with a latest change of 0.82%. One - year changes also differed, e.g., 14.13% for the Brazilian real and - 1.86% for the South African rand [2]. - **Renminbi**: On April 1, 2025, the on - shore renminbi was 7.270, the off - shore renminbi was 7.281, the middle - price was 7.178, and the 12 - month NDF was 7.100. The latest changes were 0.18%, 0.21%, - 0.01%, and 0.20% respectively. One - year changes were 0.98%, 0.82%, 1.17%, and 0.06% respectively [2]. Stock Indices - **Major Economies' Stock Indices**: On April 1, 2025, the Dow Jones was 5633.070, the S&P 500 was 41989.960, etc. The latest changes ranged from - 0.03% (S&P 500) to 2.82% (Taiwan stock index). One - year changes also varied, such as 7.47% for the Dow Jones and - 12.72% for the Nikkei [2]. - **Emerging Economies' Stock Indices**: On April 1, 2025, the Malaysian stock index was not available, the Australian economic index was 8126.909, and another emerging economy's stock index was 1110.660. The latest changes were 0.92% and 0.84% respectively. One - year changes were 1.02% and 5.94% respectively [2]. Credit Bond Indices - On April 1, 2025, the US investment - grade credit bond index was 3373.740, the euro - zone investment - grade credit bond index was 258.470, etc. The latest changes were between 0.10% (euro - zone high - yield credit bond index) and 0.25% (US investment - grade credit bond index). One - year changes were between 4.98% (euro - zone investment - grade credit bond index) and 12.29% (emerging economies' high - yield credit bond index) [2]. Stock Index Futures Trading Data - **Index Performance**: On April 1, 2025, the A - share index closed at 3348.44, with a 0.38% increase. The PE (TTM) of the S&P 500 was 24.09, with a 0.09% month - on - month change. The risk premium of the German DAX was 2.72, with a - 0.04% month - on - month change [3]. - **Fund Flows**: The latest A - share fund flow was - 236.42, and the 5 - day average was - 410.90. The latest transaction amount of the Shanghai and Shenzhen stock markets was 11322.67, with a month - on - month change of - 892.63 [3]. - **Main Contract Premium and Discount**: The basis of IF was - 28.08, with a - 0.72% premium and discount rate; the basis of IH was - 0.91, with a - 0.03% premium and discount rate; the basis of IC was - 42.25, with a - 0.72% premium and discount rate [3]. Treasury Bond Futures Trading Data - On April 1, 2025, the closing prices of T00, TF00, T01, and TF01 were 107.760, 105.570, 107.795, and 105.600 respectively, with small changes in the range of - 0.00% to - 0.02%. The R001, R007, and SHIBOR - 3M were 1.9246%, 1.9802%, and 1.9070% respectively, with daily changes of - 38.00, - 32.00, and 0.00 BP respectively [4].