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The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)Market news: South Korean minister asked the opposition party not to impeach officials to prevent a government vacuum.Volkswagen will resume its protracted cost-cutting negotiations with workers next week, and Volkswagen and the labor union will continue negotiations next week, because the two sides still have differences on how to make the automaker more competitive. Arne Meiswinkel, the chief negotiator of the management, said on Monday night that the two sides will hold the fifth round of negotiations again on December 16th to discuss the restructuring of the Volkswagen brand.

Granite Vehicle Ventures LLC sued Tesla in the U.S. District Court for the Eastern District of Texas, alleging that its fully automatic driving (FSD) function infringed U.S. patents 11,597,402, 11,738,765 and 12,037,004.Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong. According to the news of the China Council for the Promotion of International Trade, from December 8 to 10, Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong, attended the joint meeting of the Mainland-Hong Kong Chamber of Commerce in 2024 and delivered a speech at the symposium of foreign business associations and foreign-funded enterprises in Hong Kong, and prepared to hold the second Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference. During his visit, Ren Hongbin met with Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region, and Qi Bin, Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. He had extensive exchanges with Lin Jianyue, Chairman of the Hong Kong Trade Development Council, and people from the Hong Kong business community. He had an in-depth exchange of views on deepening economic and trade cooperation between the Mainland and Hong Kong. He went to Jardine Matheson Group, HSBC Group, Swire Group and Cathay Group for investigation, and listened to work reports at the Hong Kong Representative Office of the China Council for the Promotion of International Trade and China Patent Agency (Hong Kong) Co., Ltd.Market news: South Korean minister asked the opposition party not to impeach officials to prevent a government vacuum.

About 310 times in 48 hours, the Israeli army launched the "most violent" air strikes against Syria. On December 10, local time, Israel intensively attacked Syria for the second consecutive day. On the same day, the website of Syrian Human Rights Watch, headquartered in Britain, released a message saying that in the past two days, Israel launched about 310 air strikes against Syria, destroying a large number of important military facilities in Syria. The analysis believes that the Israeli army is trying to use the current chaos in Syria to "demilitarize" it and remove any "hardware" that may pose a threat to Israel. (CCTV News)UN Special Envoy for Syria: Israel must stop bombing Syria. On the 10th local time, Pei Kairu, UN Secretary-General's Special Envoy for Syria, said in Geneva that the conflict in northeast Syria is still going on and Israel should stop its military operations and bombing in Syria. The League for the Liberation of Syria is the main organization that controls Damascus, but it is not the only armed organization. At present, different armed groups in Syria are coordinating, and it is important not to let them clash. Pei Kairu reiterated the commitment of the United Nations to help build a new Syria, and stressed the need for comprehensive and credible transitional arrangements in Damascus. If broader group representation cannot be ensured, further conflicts may occur.Polish Defense Minister: The United States will not quit NATO. Trump just wants to mobilize allies. Polish Defense Minister Wadyslaw Caussignac-cames said on Radio ZET in Poland that the United States will not quit NATO, and US President-elect Donald Trump just wants to mobilize allies with his own words.