Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.US Secretary of State Blinken: The Syrian transition process should achieve credible, inclusive and non-sectarian governance.Ethereum hit $3,600/piece, down 3.10% in the day.
Alaska Airlines shares rose 18%, the biggest increase since November 2020.Swedish Finance Minister: If we need to invest more money in the conflict between Russia and Ukraine, we must do so.Henan: This year, the limit of "debt conversion" has been fully issued. On the 10th, the Finance Department of Henan Province reported that the province successfully issued 30,444.53 million yuan of government bonds in Shanghai, all of which are special bonds for refinancing, mainly used to replace existing implicit debts. So far, the local government debt limit issued by the Ministry of Finance of China in 2024 to replace the hidden debt in stock has been fully issued. The Henan Provincial Department of Finance reported that the members of the underwriting syndicate subscribed enthusiastically, and the subscription multiple of the whole audience reached 30.86 times, which fully reflected the investors' high recognition and confidence in Henan's economic development, financial strength and government credit.
White House: Continue to pay close attention to the development of the situation in Syria.The Economic Affairs Committee of the Brazilian Senate approved Nilton David as the director of the central bank's monetary policy.The Economic Affairs Committee of the Brazilian Senate approved Isabella Correa as the head of institutional relations of the Central Bank.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13