[People's Bank of China: Observing and evaluating bond market operations from a macroprudential perspective, focusing on changes in long-term yields] Jin10 News, July 8 — The Monetary Policy Committee of the People's Bank of China held its second-quarter 2026 regular meeting. The meeting recommended regulating credit market operations, reducing intermediary financing costs, and promoting the low-level operation of comprehensive social financing costs. Observing and evaluating bond market operations from a macroprudential perspective, focusing on changes in long-term yields. Unblocking the monetary policy transmission mechanism and improving the efficiency of fund utilization. Enhancing the resilience of the foreign exchange market, stabilizing market expectations, and maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level.