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Xinhua Viewpoint: "Changing the expression of monetary policy from' prudent' to' moderately loose' means that China continues to adhere to a supportive monetary policy stance. In the early morning of December 10th, Xinhuanet published an article" Xinhua Viewpoint: Looking at the New Trends of Economic Work in 2025 from Politburo meeting of the Chinese Communist Party ",pointing out that at present, China's development is facing many uncertainties and challenges. To do a good job in economic work next year, we must strengthen our confidence in winning. Further comprehensively deepen reform, open wider to the outside world at a high level, implement more active and promising macro policies, expand domestic demand and stabilize the property market and stock market ... Politburo meeting of the Chinese Communist Party has made a series of important arrangements for economic work next year. The expression "moderately loose monetary policy" at the meeting attracted people's attention. "The expression of monetary policy has changed from' steady' to' moderately loose', which means that China will continue to adhere to a supportive monetary policy stance, maintain a reasonable and abundant liquidity, further reduce the comprehensive financing costs of enterprises and residents, and create a good monetary and financial environment for promoting sustained economic recovery." Wen Bin, chief economist of China Minsheng Bank, said that it was more than 10 years before China's monetary policy was "moderately loose". Judging from the actual operation, monetary policy is flexible and moderate in implementation. Since the beginning of this year, the market generally feels that China's monetary policy has been in a stable and slightly loose state.Turkish President: The Turkish-Syrian border crossing will be reopened for Syrian refugees to return home voluntarily and safely. On December 9, local time, Turkish President Erdogan said after the cabinet meeting that Turkey is willing to do its utmost to support Syria's reconstruction and will reopen the Turkish-Syrian border crossing, Yay Ilada, which was closed in 2013, to facilitate more Syrian refugees to return home safely and voluntarily. Erdogan stressed that Turkey will never tolerate new terrorist threats on its borders. He pointed out that neither the PKK nor the extremist organization "Islamic State" terrorists are the targets of Turkey's dialogue, but the enemies. Erdogan called for the protection of Syria's territorial integrity and said that Turkey will continue to work for regional peace and stability. (CCTV)The US Treasury auctioned three-month treasury bonds, and the winning interest rate was 4.300% (4.400% reported on December 2), and the bid multiple was 2.89 (2.89 in the previous time). Auction of six-month treasury bonds, the winning interest rate is 4.200% (reported on December 2, 4.305%), and the bid multiple is 2.90 (the previous one was 3.02).

Italian Ministry of Finance: Up to 8.5 billion euros of bonds will be auctioned on December 12th, and the bond auction scheduled for December 30th and 31st will be cancelled.Pimco tends to reduce its holdings of longer-term US Treasury bonds. The main reason is the rising deficit. Marc Seidner and Pramol Dhawan, managing directors of Pimco, wrote in a report on Monday that they have been "reducing the allocation of longer-term bonds" and prefer short-term US Treasury bonds. As the size of US Treasury bonds soared from $17 trillion before the outbreak to nearly $29 trillion, the concern about the increase in the yield of long-term treasury bonds caused by the increase in US debt has become a flash point in the market. What investors are most worried about is the recurrence of the phenomenon of "bond self-defense forces" in the 1980s and early 1990s, that is, some bondholders aggressively sold US Treasury bonds because of the huge government financial expenditure. Seidner and Dhawan wrote, "It is difficult to predict the sudden reaction of the market to long-term trends. No organized self-defense force is prepared to take action on a specific debt threshold, and changes in investor behavior usually occur over time. " Pimco said that in view of the sustainability of US debt and the impact of potential inflation catalysts on the labor force, the institution hesitated to buy long-term debt.Iraq condemned Israel's occupation of the military buffer zone between Israel and Syria and emphasized respect for Syria's sovereignty. On December 9, local time, the Iraqi Foreign Ministry issued a statement condemning Israel's occupation of the military buffer zone between Israel and Syria and its nearby land, and stressed that this behavior violated international law and relevant resolutions of international legitimacy. The statement stressed that Syria's sovereignty should be respected, its stability, unity and territorial integrity should be maintained, and interference in its internal affairs should be avoided. The statement called on the international community, especially the UN Security Council, to shoulder corresponding responsibilities, condemn this blatant violation and take necessary measures to stop these violations taking advantage of the current situation in Syria. (CCTV)

Syrian Foreign Minister: Assad has been proposed to start the political process in Syria. Syrian Foreign Minister Bassam al-Sabbag said on the evening of 9th local time that he had proposed to Assad to start the political process in Syria, but Assad did not comment on this. (CCTV)The Israeli military says three soldiers were killed in the northern part of the Gaza Strip.In November, the new york Fed's one-year inflation forecast was 2.97%, with the previous value of 2.87%.