牛肉 (Beef) 加自选

DXY展望：尽管利率押注较低，但由于全球货币疲软，美元仍在攀升。尽管美联储发出降息信号，但美元指数在欧元和日元疲软的支撑下上涨。交易员关注98.714支撑位和99.060突破位。

DXY Outlook: Dollar Climbs Despite Lower Rate Bets, Boosted by Global Currency Weakness.Despite Fed rate cut signals, the U.S. dollar index rises, supported by euro and yen weakness. Traders focus on 98.714 support and 99.060 breakout levels.

大多数美联储官员指出，将联邦基金利率的目标区间调整到更中性的水平是合适的，因为他们认为就业的下行风险增加了，而通胀的上行风险要么减少了，要么保持不变。然而，根据2025年9月联邦公开市场委员会会议纪要，大多数人仍强调对通胀走高的担忧。此外，大多数与会者认为，在今年剩余时间里，进一步放宽政策可能是合适的，大约一半的官员预计到2025年底将再降息两次。官员们继续表示，在考虑下一步行动时，他们将权衡通胀和就业的风险。美联储于2025年9月将联邦基金利率下调25个基点，使其达到4.00%-4.25%的区间，符合预期。这是自去年12月以来首次降低借贷成本。

Most Federal Reserve officials noted that it was appropriate to move the target range for the federal funds rate toward a more neutral level, as they judged that downside risks to employment had increased while upside risks to inflation had either diminished or remained unchanged. However, a majority still emphasized concerns about inflation going higher, according to minutes from the September 2025 FOMC meeting. In addition, most participants considered it likely that further policy easing would be appropriate over the remainder of the year, with around half of officials anticipating two additional interest rate cuts by the end of 2025. Officials continued to say they would weigh risks both to inflation and employment as they considered their next move. The Federal Reserve cut the federal funds rate by 25bps in September 2025, bringing it to the 4.00%–4.25% range, in line with expectations. It was the first reduction in borrowing costs since December.

美国财政部以4.117%的高收益率拍卖了390亿美元的10年期国债。积极的尾部与六个月的平均值不符。覆盖率也低于六个月的平均水平。

U.S. Treasury auctions off $39 billion of 10 year notes at a high yield of 4.117%.The positive tail does not compare to the six-month average. The bid to cover was less than the six-month average as well.

美国10年期国债拍卖：4.117%对4.033%。美国10年期国债拍卖：4.117%对4.033%

United States 10-Year Note Auction: 4.117% vs 4.033%.United States 10-Year Note Auction: 4.117% vs 4.033%