The U.S. Treasury Department announced that it would allocate 20 billion U.S. dollars in loans to Ukraine. On December 10, local time, the U.S. Treasury Department said that it had allocated 20 billion U.S. dollars out of the total 50 billion U.S. dollars in loans provided to Ukraine by the Group of Seven to an intermediary fund of the World Bank to provide economic and financial assistance to Ukraine. It is reported that this grant will be completed before the US President-elect Trump takes office in January to protect this fund from being recovered by the Trump administration. The $50 billion loan will be repaid with the interest income of about $300 billion of frozen sovereign assets in Russia, and the loan period is 30 years. (CCTV)According to the Korean Chosun Ilbo, a pro-Yin Xiyue official said that the president has made up his mind to face the constitutional hearing with impeachment, instead of resigning early.Bank for International Settlements: The biggest threat to global stability is the debt carnival of governments. The Bank for International Settlements (BIS) said that the biggest threat to world economic stability is the government's borrowing habits, and the recent changes in market sentiment should be vigilant. Claudio Borio, a senior official of BIS, said in his quarterly report that priority should be given to repairing public finances before the panic of bond investors spreads. "The global financial outlook is still very worrying," said the retiring head of the BIS monetary and economic department. "The trajectory of government debt poses the most serious threat to macroeconomic and financial stability."
The yield of 2/10-year US Treasury bonds rose by more than 2 basis points. In late new york on Tuesday (December 10th), the yield of US 10-year benchmark treasury bonds rose by 2.32 basis points to 4.2244%, and the intraday trading was in the range of 4.1818%-4.2438%. The yield of two-year US bonds rose by 2.48 basis points to 4.1430%, and intraday trading ranged from 4.1099% to 4.1680%. The yield spread of three-month Treasury bonds /10-year US bonds rose by 3.624 basis points to -16.951 basis points. The yield spread of US bonds in 2002/10 was roughly flat, at +7.546 basis points. The yield of US 10-year inflation-protected treasury bonds (TIPS) fell by 0.90 basis points to 1.9233%.On December 11th, Bitcoin fell below $95,000, down 0.68% in the day.US Treasury Secretary Yellen: Trump's widely implemented tariff policy may undermine the progress made on inflation and increase costs. He talked with Trump's nominee for finance minister, Besant, and discussed the broad responsibilities of the Ministry of Finance.
Jin Guanping, Economic Daily: Implement more active and promising macro policies. The article points out that the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025, and put forward "implement more active and promising macro policies" and "strengthen unconventional countercyclical adjustment" in view of the macro policy orientation next year, and clearly implement more active fiscal policies and moderately loose monetary policies. This important deployment has released a clear signal of strengthening macro-control and strong and steady growth. Implementing a "more active" fiscal policy means increasing fiscal countercyclical adjustment and improving the effectiveness of fiscal policy while maintaining policy stability and continuity. "Moderately loose" means that monetary policy will better reflect the supportive stance and orientation, maintain a reasonable and sufficient liquidity, and further reduce the comprehensive financing costs of enterprises and residents.White House: We hope that Austin Otis, an American kidnapped in Syria, is still alive. We are talking with the Turkish side and other parties to get more information.Jin Guanping, Economic Daily: Implement more active and promising macro policies. The article points out that the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025, and put forward "implement more active and promising macro policies" and "strengthen unconventional countercyclical adjustment" in view of the macro policy orientation next year, and clearly implement more active fiscal policies and moderately loose monetary policies. This important deployment has released a clear signal of strengthening macro-control and strong and steady growth. Implementing a "more active" fiscal policy means increasing fiscal countercyclical adjustment and improving the effectiveness of fiscal policy while maintaining policy stability and continuity. "Moderately loose" means that monetary policy will better reflect the supportive stance and orientation, maintain a reasonable and sufficient liquidity, and further reduce the comprehensive financing costs of enterprises and residents.
Strategy guide
12-14
Strategy guide
12-14
Strategy guide