According to CoinMeta, the U.S. fiscal deficit in October reached $404 billion, a year-on-year increase of 42%. The Federal Reserve's interest rate meeting schedule for 2027 has been announced, with the regular interest rate decision in October being replaced by discussions on monetary policy. Fed Chairman Jerome Powell stated that a shift to restrictive monetary policy is necessary to reduce inflation. Chicago Fed President Charles Evans pointed out that U.S. inflation is at a critical moment and further deterioration should be prevented. U.S. Treasury Secretary Janet Yellen believes that ending "tax gimmicks" is one of the options for reducing the U.S. deficit. Central Bank official Zou Lan noted that a slowdown in credit growth with improved quality has become the new normal in macroeconomic operations, and the adaptability of the credit reporting system needs to be enhanced. China Construction Bank assisted Indonesia in issuing 10 billion yuan in panda bonds, setting a new record for a single issuance. Goldman Sachs predicts that the yield on 10-year U.S. Treasuries will drop to 4.6% in 2027. The U.S. Treasury Department auctioned 25 billion dollars in 30-year Treasuries, with a winning bid yield of 5.441%. Allianz's Zeng Zheng mentioned that frequent bond issuances by super-large cloud service providers are causing market discomfort. The surge in U.S. Treasury yields has shattered hopes that the most severe period of selling pressure in the bond market has ended. Berkshire Hathaway issued over 180 billion yen in bonds in Japan, resulting in increased borrowing costs.