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BNP Paribas looks forward to 2025: The Federal Reserve is expected to stay put for the whole year, and the US yield will rise. The 2025 outlook report released by BNP Paribas on Thursday shows that the yield of US Treasury bonds is expected to rise, and under the strong dollar, it will reach parity against the euro. The bank predicts that with the entry into force of the tariff measures proposed by the incoming Trump administration, the US inflation rate will start to pick up from the middle of next year, prompting the Fed to remain inactive throughout 2025. Calvin Tse, the bank's head of macro strategy for the Americas, said that customers are advised to continue to allocate low US Treasury bonds next year, because they expect that inflation will accelerate from mid-2025 after the soft landing of the economy, and the yield of 10-year Treasury bonds will be 4.65% at the end of the year. Tse also said that inflation is expected to be higher and the Fed is more hawkish next year.Two States in the United States sued Glock, a gun manufacturer, for ignoring the design flaw that "pistols can easily become machine guns". On the 12th, the prosecutors in New Jersey and Minnesota respectively sued Glock, an Austrian weapons manufacturer, accusing the pistol manufactured by them of design defects and being easily converted into illegal machine guns. According to the complaint, Glock knew this situation for a long time, and continued to sell this pistol to the United States and profit from it, which promoted the proliferation of gun violence in the United States. (Xinhua News Agency)The dissolution of three village Town Bank was approved. According to the website of the General Administration of Financial Supervision on December 13th, Liaoning Financial Supervision Bureau agreed to the dissolution of Liaoning Dengta Village Bank Co., Ltd., Liaoning Shoushan Village Bank Co., Ltd. and Yingkou Hongcheng Village Bank Co., Ltd. three village Town Bank. Other approvals issued on the same day showed that Liaoshen Bank Co., Ltd. was approved to acquire the above-mentioned three village Town Bank to set up branches. In addition, the opening of Liaoyang Guangming Sub-branch, Yingkou Hongcheng Sub-branch and Liaoyang Shoushan Sub-branch of Liaoshen Bank Co., Ltd. was approved.

BNP Paribas looks forward to 2025: The Federal Reserve is expected to stay put for the whole year, and the US yield will rise. The 2025 outlook report released by BNP Paribas on Thursday shows that the yield of US Treasury bonds is expected to rise, and under the strong dollar, it will reach parity against the euro. The bank predicts that with the entry into force of the tariff measures proposed by the incoming Trump administration, the US inflation rate will start to pick up from the middle of next year, prompting the Fed to remain inactive throughout 2025. Calvin Tse, the bank's head of macro strategy for the Americas, said that customers are advised to continue to allocate low US Treasury bonds next year, because they expect that inflation will accelerate from mid-2025 after the soft landing of the economy, and the yield of 10-year Treasury bonds will be 4.65% at the end of the year. Tse also said that inflation is expected to be higher and the Fed is more hawkish next year.Morgan Stanley raised the opening target price from $950.00 to $1,150.00.Two States in the United States sued Glock, a gun manufacturer, for ignoring the design flaw that "pistols can easily become machine guns". On the 12th, the prosecutors in New Jersey and Minnesota respectively sued Glock, an Austrian weapons manufacturer, accusing the pistol manufactured by them of design defects and being easily converted into illegal machine guns. According to the complaint, Glock knew this situation for a long time, and continued to sell this pistol to the United States and profit from it, which promoted the proliferation of gun violence in the United States. (Xinhua News Agency)

USGS: An earthquake of magnitude 5.1 occurred in Izu Islands, Japan.The self-built valuation model of bank wealth managers has met with "standardization": some institutions have re-adopted the strategy of excess return of the bank's tier-2 capital bonds with the valuation system of China Securities and China Securities, and recently, the regulatory authorities issued a document to the bank wealth management subsidiary, demanding that the self-built valuation model should not be used to smooth the net value fluctuation, and the valuation standards provided by third parties such as China Securities and China Securities should be adopted, and self-inspection and rectification should be carried out. The purpose of this move is to prevent the bank's wealth management subsidiaries from adjusting product income through self-built models, and to carry out "fund pool" business in disguise to ensure market fairness. At present, a number of bank wealth management subsidiaries have received this document, and have begun to adjust the net value calculation methods of day-opening and closed wealth management products, and re-adopt third-party valuation for investment products such as bank tier 2 capital bonds. A person from a bank financing subsidiary told reporters that he heard that the financial supervision department held a small-scale meeting last week, asking the bank financing subsidiary to respect the new asset management rules and not to violate accounting standards. In addition, the relevant departments also require the financial subsidiaries of banks that have used the self-built valuation model to carry out rectification, and the financial subsidiaries that have been notified shall submit corresponding rectification plans and measures reports within one month. In the view of the above-mentioned bank wealth managers, it is not excluded that some bank wealth management subsidiaries have lowered the allocation ratio of bank tier-2 capital bonds due to the influence of regulatory policies, because when the self-built valuation model is "standardized", the strategy of over-allocating bank tier-2 capital bonds to obtain excess returns becomes increasingly difficult when the net product value fluctuates relatively smoothly. (per meridian)Medical staff: Israeli air strikes on houses in Nu Sillat refugee camp in central Gaza killed at least 20 Palestinians.