News

Golden Ten Data, May 13 – Japan’s 5-year government bond yield rose by 3.0 basis points to a record high of 1.945%. The 20-year government bond yield increased by 5 basis points to 3.495%, also hitting a historical high. The 10-year government bond yield once climbed to 2.590%, the highest level since May 1997.

Golden Finance, May 13 ｜ According to Japanese media, NSK and NTN Bearings signed a basic agreement on the 12th, planning to complete management integration by October 2027. The merger of these two companies—ranked third and fourth globally among bearing manufacturers—will create a world-leading enterprise. The plan includes the establishment of a holding company, with the president appointed by NSK and the chairman by NTN. Faced with slowing growth in the automotive and industrial machinery markets and the accelerating shift toward electric vehicles, the two companies aim to reduce costs and improve competitiveness through production integration and more efficient R&D investment.

Glonghui, May 13 – Joni Teves, Precious Metals Strategist at UBS Investment Bank, pointed out that, amidst high macroeconomic uncertainty, gold’s role as a core allocation in investment portfolios is rising, and it is expected that gold prices will reach new highs this year. Although there may be short-term consolidation, if gold prices pull back to test the psychological threshold of 4,000 US dollars per ounce, it should be seen as a good opportunity to buy on dips. The strategist emphasized that UBS maintains a positive outlook on gold, and even sees long-term potential for prices to exceed baseline forecasts. The core driver of rising gold prices comes from continuously expanding demand from both the private and official sectors. Against a backdrop of a macro environment full of variables, the trend of investors diversifying into gold remains strong.