According to CoinMeta, the People's Bank of China announced that the cumulative increase in social financing scale in the first three quarters was 27.46 trillion yuan. As of the end of September, broad money grew by 7.2%, and narrow money increased by 3.2% year-on-year. The Federal Reserve's Beige Book shows that high oil prices have impacted 12 regions across the United States, and businesses expect further price increases. Federal Reserve governor Bowman stated that there is no need to rush to adjust interest rates at present, while Daly mentioned that raising rates may be necessary but is not imminent. Gullupsby pointed out that inflation in September was disappointing, but more data is needed before making a decision on raising rates. Moody's report indicates that the default rate on private credit in the United States is 4%, which rises to 5.8% when including physical interest payments. The floating loss on U.S. bank bonds exceeded 109 billion dollars, raising concerns about a potential banking crisis in 2023. ZTE Communications has been registered to issue corporate bonds of no more than 8 billion yuan to professional investors. New York Life Investment Management stated that the resilience of the U.S. economy suggests neutral or even higher interest rates, and they prefer short-term credit bonds. ING noted that concerns about AI industry debt are weighing on the dollar, causing U.S. bond yields to give back some of their gains, with the Swiss franc being the biggest beneficiary. Some institutions have received regulatory reminders to strengthen risk management in bond investments.