According to CoinMeta, inflation in the United States accelerated in September, raising expectations for a Fed interest rate hike in December. Officials from the European Central Bank are expected to raise rates in December, followed by a pause in further hikes. Microsoft has launched its first high-grade U.S. dollar bond issuance since 2017, aiming to raise at least $25 billion. The sell-off of tech stocks sparked a demand for safe-haven assets, and U.S. Treasuries rose along with global bonds. Google's debt risk indicators have climbed, and its financial report has once again raised debt concerns. Institutions say that the expectation of interest rate hikes is intertwined with growth risks, and some European bonds are showing value as investment options. TSMC plans to issue NTD 14.8 billion new Taiwan dollars in green corporate bonds in November. Yields are approaching decades-high levels, attracting investors back to the long-term government bond market. The Bank of Japan announced for the first time in 13 years that inflation has met targets, suggesting that it may further raise interest rates. The European Central Bank stated that the issuance of ESM digital bonds marks a shift from the experimental phase to the application phase of tokenized finance. The landscape of convertible bond trading is changing, with an increasing number of cases of bonds being redeemed upon maturity. Four departments are guiding and supporting eligible gas turbine companies to broaden their financing channels through methods such as listing and issuing bonds.