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Daily Market Recap (每日市場回顧) – Aug 19, 2025

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BondWatch Editorial

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U.S. Equities & Treasuries|美股與美債 Wall Street’s main indexes closed roughly flat on Monday ahead of the Jackson Hole summit. The Dow Jones Industrial Average fell 0.08% to 44,911.82, the S&P 500 lost 0.01% to 6,449.15, and the Nasdaq Composite gained 0.03% to 21,629.77.In U.S. bond markets, the yield curve steepened, with the gap between two-year and 10-year Treasury yields......

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