News

CBOT wheat futures rose by 3.03%, quoted at $5.6925 per bushel, continuing to climb since the Asia-Pacific early session. CBOT soybean futures increased by 0.65%, quoted at $11.5650 per bushel; soybean meal futures rose by 0.10%, and soybean oil futures rose by 1.90%. CBOT corn futures fell by 0.06%. CBOT lean hog futures rose by 1.03%, live cattle futures increased by 0.41%, and feeder cattle futures fell by 0.02%. ICE raw sugar futures dropped by 0.64%, and ICE white sugar futures fell by 0.91%. ICE Arabica coffee futures rose by 0.14%, and coffee "C" futures increased by 0.25%. Robusta coffee futures fell by 1.47%. New York cocoa futures dropped by 7.09%, quoted at $3,079 per ton. London cocoa futures fell by 7.28%. Chicago WCE canola futures with low erucic acid and low glucosinolate content rose by 0.41%. ICE cotton futures increased by 0.58%.

Based on this robust financial performance, the relevant regulatory authorities have decided to no longer enforce individual minimum capital requirements on the bank. This indicates that the bank's capital adequacy ratio has fully met and exceeded regulatory expectations, reflecting its solid financial foundation and sound operational status.

The yield on the 2-year US Treasury rose by 0.62 basis points to 3.4657%; the yield on the 30-year US Treasury fell by 0.29 basis points to 4.7030%. The yield spread between the 2-year and 10-year US Treasuries dropped by 1.161 basis points to +60.530 basis points. The yield on the 10-year Treasury Inflation-Protected Securities (TIPS) fell by 1.29 basis points to 1.7747%. At 02:00, there was a sharp drop when the US Treasury announced the results of the 30-year TIPS auction; the yield on the 2-year TIPS fell by 2.04 basis points to 0.7315%; the yield on the 30-year TIPS fell by 0.77 basis points to 2.4717%, dropping from 2.4950% to 2.47% when the 30-year TIPS auction results were released.