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A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)German Minister: The Syrian issue poses a risk to countries that rely on Russia.Market information: US President Biden plans to formally prevent Nippon Steel (Nippon Steel) from acquiring American steel companies. US Steel (X) triggered an intraday fuse and fell 8.8% before trading was suspended.

US Department of Defense: the State Council approved the sale of vehicle maintenance equipment to Kuwait, with an estimated value of $300 million.OPEC Monthly Report: Keep the global economic growth forecast unchanged at 3% in 2025 and 3.1% in 2024. We will raise the US economic growth forecast from 2.1% to 2.2% in 2025 and from 2.7% to 2.8% in 2024.Hungarian Prime Minister Orban will meet with Turkish President Erdogan in Ankara on Thursday to discuss the conflict between Ukraine and the Middle East.

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.Market information: US President Biden plans to formally prevent Nippon Steel (Nippon Steel) from acquiring American steel companies. US Steel (X) triggered an intraday fuse and fell 8.8% before trading was suspended.The Hang Seng Index closed roughly flat overnight at 20,435.00. The Hang Seng Technology Index closed down 0.22% at 4,618.00 points overnight.