Reuters poll: U.S. 10-year Treasury yields are expected to be 4.10% in six months and 3.88% in one year (November survey was 4.30% and 4.00% respectively).

Reuters poll: 23 of 31 strategists said the risk of a correction in U.S. Treasury yields over the next three months is high or very high.

Spanish Budget Minister: Spain will reduce the deficit to 3% of GDP in 2024 from 3.9% in 2023.

Spanish Budget Minister: Spain will increase the public expenditure ceiling by 0.5% in 2024 to 199.12 billion euros.

Spanish Budget Minister: Spain expects the debt-to-GDP ratio to reach 105.4% by the end of 2025.

Pfizer (PFE.N): The new organizational structure will take effect on January 1.

Pfizer (PFE.N) received the approval needed to complete its acquisition of biotech company Seagen (SGEN.O), which is expected to be completed on December 14.

Ed Emerson, head of commodities trading at Goldman Sachs (GS.N), is retiring.

Co-founder of Ukrainian online banking application Monobank: Monobank was attacked by DDoS and everything is currently under control.

German government official: The government’s budget negotiations will not threaten further German assistance to Ukraine at the EU level.

German government official: Regardless of the progress of budget negotiations, the German Chancellor is expected to go to the EU summit.

The offshore RMB rose against the U.S. dollar in the short term, breaking through the 7.18 mark.

The European Union released its first list of more than 200 key medicines and vaccines.

Financial website Forexlive commented on the US NFIB Small Business Confidence Index in November: This index further shows that small business confidence is still quite sluggish, but at least it does not really point to any major signal similar to a recession. One point worth noting is that the net percentage of businesses adding jobs has been negative since March, with more businesses cutting jobs than adding jobs, the NFIB said.

Danish Systemic Risk Board: Despite increased uncertainty, there are still signs of high risk appetite in the financial system.

Danish Systemic Risk Board: Both the Danish and international economies continue to grow, but the conflict in Ukraine will dampen this momentum.

Danish Systemic Risk Board: Although the risk of a sharp economic slowdown remains, there are still signs of a soft landing.

Danish Systemic Risk Board: If interest rates remain high for a long time, it will put pressure on some homeowners and businesses.

Danish Systemic Risk Board: Inflation has fallen, but core inflation remains too high.