News

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.

The appointment established a new leadership team for this initiative, including Anand Melvani as Head of Private Credit and Scott Wiate as Head of Private Credit Structuring and Underwriting. The private credit industry, with a scale of 1.8 trillion USD, has experienced explosive growth in recent years. Among major Wall Street banks, Bank of America is one of the last large banks to officially announce a strategic investment in this sector. (Bloomberg)

According to the latest analysis, the company has laid a solid foundation for its performance in 2026, and is expected to once again achieve double-digit growth in operating profit and adjusted operating income. This optimistic outlook is attributed to the strong rebound of its global concert and ticketing business, as well as the optimization of its diversified revenue structure. With the continued release of demand for live entertainment and improvements in operational efficiency, the company is steadily moving towards a new cycle of growth.