Our Scans · (FS.5.01) Bond Market · Weekly Summary

• [New] For bond investors, the yield on the 10-year Treasury will likely fall in response to the rate cut, pushing prices higher. Ainvest
• [New] The modest fiscal measures announced in October, including a RMB 500 billion (US$ 70.20 billion) bond issuance, will likely help stabilize investment but are unlikely to meaningfully shift consumption behaviour without stronger income and employment support. China Briefing News
• The Fed will cut less than previously expected (now we assume one 25 bp cut per quarter by end-2025) and the UST bond 10-year yield will be higher. MUFG Research
• Scotland is now on track to commence the bond programme from 2026-27, with the proceeds used to fund capital investment in key infrastructure. BBC News
• The structured financing (a bond listed on the Vienna Stock Exchange) will refinance existing debt and provide capital for Power Capital's pipeline of solar and energy storage projects across Ireland. Tech Startups - Startups and Technology news
• Long-end bond markets reflect fears of larger fiscal packages: the 30-year JGB yield reached a record near 3.345%, roughly 1 percentage point higher than at the start of the year, even though no new spending has yet been enacted, indicating expectations of more debt supply are priced in. Stock Market Update
• Both gold and the long bond yield can be expected to be rising in synchrony subsequent to their respective corrections: A rising long bond yield tells us that markets are pricing in greater investment risk for buyers of US treasury debt. Asset Strategies International
• A hawkish surprise, like signalling a pause, could spark a bond yield spike and equity sell-off; conversely, hints at further rate cuts (aligning with the Fed's latest dot-plot) might fuel a risk-on rally. investing.com
• In regions such as Thailand and the Philippines, tokenized bond programs have encouraged small-scale participation through fractional investment opportunities. Electro IQ
• The Public Investment Fund of Saudi Arabia, which manages $1 trillion, plans to issue its first euro-denominated green bond. Winssolutions
• The Swiss Re Global Cat Bond Index has returned 2.77% year-to-date, reflecting strong demand for uncorrelated, high-yield opportunities. Ainvest
• A contraction in U.S. service providers and slower hiring rates sent bond yields lower across the U.S. curve, while swap traders now anticipate two Fed moves by year-end, with the first cut likely in October. Minichart
• Mexico's 10-year bond yield has fallen, signaling a lower perception of risk among international investors. Beyond Borders Gazette
• Bond yields have dipped accordingly, with the 10-year Treasury note yielding around 3.7%, creating opportunities for fixed-income investors seeking yield in a low-rate environment. WebProNews
• Investor Pause on Tariffs / Elections: 50% U.S. tariffs and 2026 election uncertainty delay investments despite 25% M&A rise and bond demand; CNI's Washington push seeks tariff relief to protect jobs and $20 B exports. The Rio Times
• Stock, bond, currency and commodity prices could become more volatile, further slowing the global economy. Desjardins.com
• Eu's smart conditionality threatens to freeze recovery funds, pushing Hungary's 2025 deficit to 1% and widening bond yield spreads by 200 basis points. Ainvest

Last updated: 16 December 2025