[First Morning Report] Hedge expansion in preparation for the US government's fund-raising amount to a record maximum of 776 billion dollars and a new 5% breakthrough in US 10-year bond yields

Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo stock exchange rate forecast range] 34,000 yen to 39,000 yen (30-day closing price 36,96 yen 96 sen)
● US Treasury revises downward loan requirements forecast for October-December - 776 billion dollars
● Hedge expansion in preparation for a re-breakthrough of 5% in the 10-year US bond yield, quarterly bidding schedule ahead
●The FRB's fight against inflation highlights “side effects” on the US middle class
● It is reported that GM and UAW have reached a provisional agreement
-MooMoo News Evelyn

Market Overview
In the US stock market on the 30th, the NY Dow Jones Industrial Average rebounded for the first time in 4 days, to 32,928 dollars 96 cents, which was 511 dollars 37 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 12,7789.483, up 146.472 points from the same period. Buying and selling intersect in the Tokyo stock market on the 31st, and unstable price movements are expected to rise and fall in the Nikkei Stock Average.

Top news
US Treasury revises downward forecast of required borrowing for October-December - $776 billion
On the 30th, the US Treasury Department announced the forecast that the federal government's borrowing requirements for October-December (fourth quarter) would be 776 billion dollars (about 115.69 trillion yen). It was revised downward from the forecast (852 billion dollars) as of the end of July against the backdrop of revenue growth that exceeded expectations, and investors' concerns surrounding the rapidly expanding budget deficit were somewhat mitigated.

Hedge expansion in preparation for a new 5% breakthrough in the 10-year US bond yield, ahead of quarterly bidding schedule
Ahead of the details of the quarterly regular bidding announced by the US Treasury Department on November 1, there is a growing movement in the options market to accumulate bearish hedging against US bonds. In the background, there is an interpretation that a large increase in the issuance of government bonds will become clear.

Further headwinds for US stocks, worsening corporate profit forecasts - pessimism at financial results conferences stands out
The profit outlook for US companies has deteriorated since this point. The rate of decline from the most recent high on the 27th of last weekend exceeded 10%, and it seems that it will be a further headwind for the S&P 500 stock price index, which has entered an adjustment phase.

The FRB's fight against inflation highlights “side effects” on the US middle class
It was revealed in the latest Harris poll commissioned by Bloomberg News that the number of middle classes pessimistic about the economic situation has increased compared to a year ago despite steady rising growth and a solid labor market in the United States.

It is reported that GM and UAW have reached a provisional agreement = individual US stocks
$General Motors(GM.US)$It is reported that a provisional agreement was reached in labor-management negotiations with the American Auto Workers Union (UAW). last week, $Ford Motor(F.US)$The content is similar to the conditions agreed upon, and it is expected that the six-week strike will come to an end as a result.

Tokyo Stock Exchange Rate Forecast
Stock exchange rate forecast for the 31st = waiting for the decision meeting, European and American stock high tailwinds will also cause unstable price movements

Foreign substitutes