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The yield of 10-year US Treasury bonds rose by more than 4 basis points. Investors were concerned about the rising oil price and the US Treasury's supply this week. At the end of new york on Monday (December 9), the yield of 10-year US benchmark treasury bonds rose by 4.44 basis points to 4.1973%, and the intraday trading was in the range of 4.1336%-4.1973%. The yield of two-year US bonds rose by 2.26 basis points to 4.1265%, and intraday trading was in the range of 4.0933%-4.1307%. The yield spread of three-month Treasury bonds /10-year US bonds rose by 4.684 basis points to -21.027 basis points. The yield spread of 02/10-year US bonds rose by 2.147 basis points to +6.867 basis points. The yield of US 10-year inflation-protected treasury bonds (TIPS) rose by 2.51 basis points to 1.9215%.Economist: Pork price, temperature, incremental policies and other factors are expected to push up CPI. Looking forward to the next stage, Wen Bin, chief economist of China Minsheng Bank, predicts that the year-on-year increase of CPI may rebound. With the increase of meat demand in winter, the price of pork will rise seasonally. In addition, the further drop of temperature will affect the production, storage and transportation of fresh vegetables, fresh fruits and other products, which may push up food prices. The domestic package of incremental policies will continue to improve domestic demand and boost consumer confidence, which is expected to boost the core CPI. (Securities Daily)The State Council, USA: The United States doesn't know the situation of Russian bases in Syria, and it doesn't know what actions the upcoming Syrian regime will take against these bases.

US Secretary of State Blinken: Overthrowing the Assad regime is a good opportunity, but it also involves considerable risks. The extremist organization "Islamic State" will try to use this time to rebuild its power in Syria, and the United States will not let this happen. The Syrian people must choose their own future.WTI January crude oil futures closed up 1.17 USD, or 1.74% to 68.37 USD/barrel. Nymex January natural gas futures closed up 3.45% at $3.1820/million British heat.The monetary policy is moderately loose. Many chief brokers actively interpret "extraordinary countercyclical adjustment". On December 9, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting to analyze and study the economic work in 2025. The meeting released many new signals, such as the change of monetary policy from "flexible and moderate" to "moderately loose". In an interview, a number of brokerage chiefs believe that liquidity support may increase in the future to better serve the development of the real economy. (Securities Times)

Raw sugar futures fell more than 1.5%, while new york cocoa futures rose more than 3.5% and continued to hit a record high. In late new york on Monday (December 9), ICE raw sugar futures fell 1.56% and ICE white sugar futures fell 1.21%. Coffee "C" futures 0.94%. Robusta coffee futures rose 1.39%. New york cocoa futures rose 3.52% to $10,200/ton, reaching $10,454 at 21:44 Beijing time, continuing to hit a record high. London cocoa futures rose 2.17% to 8061, and also rose to 8306 at 21:45, a record high. ICE cotton futures fell 0.23%.Murdoch, a media tycoon, failed in his attempt to change the family trust. Edmund Gorman, a court Commissioner in Nevada, USA, concluded in a ruling filed on Saturday that Rupert Murdoch should not change his family trust and concentrate the control of his media empire in the hands of his son Lachlan, and that Murdoch showed "malice" in his efforts to modify the irrevocable trust. At present, the trust plan will distribute the control of the company to Rupert Murdoch's four children, Lackland, James, Elizabeth and Prudence, equally after his death.The co-founder of OpenAI expressed his hope to provide products in Europe, and Sam Altman, CEO of OpenAI, posted on social media X that he hoped to provide the company's products in Europe. "We want to provide our products in Europe ... we must also abide by the regulations," Altman said on X. Altman also said in the post that the release of European products may be delayed and some services may not be available.