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The bid-to-cover ratio for the US 4-month Treasury bond auction ending June 3 was 3.15, compared to 3.01 previously.The US 4-month Treasury auction ended June 3 - the winning bid rate was 3.635%, compared to 3.63% previously.U.S. Treasury Secretary Bessen: We do intend to keep the fiscal deficit as a percentage of GDP at around 3 percent.Fitch Ratings monitoring data shows that the Italian residential mortgage market remains stable, with a continued ample supply of housing.June 3rd - Recently, several international financial institutions have released positive outlooks on the Chinese economy, increasing their investment in Chinese technology companies and accelerating their investment layout in China. MSCI, a well-known global index provider, recently officially included 19 A-share stocks in the MSCI China Index. This adjustment means that international funds will have easier access to invest in these Chinese companies. The newly included companies are mainly concentrated in optical communication, computing power, and high-end manufacturing, demonstrating foreign investments preference for Chinas "hard technology." Since the beginning of this year, foreign capital has steadily flowed in through various channels. As of now, various overseas investors hold more than 4 trillion yuan in A-share market capitalization, becoming important participants in Chinas capital market. While increasing their investment in China, several international investment banks, including Morgan Stanley and Deutsche Bank, have recently raised their 2026 GDP growth forecasts for China. Many institutions stated that Chinas core competitiveness in technological innovation globally is their biggest source of confidence in investing in China.