美国利率周报 20260828

SMBC US Rates Strategy Weekly 6 Disclaimers This document has been prepared by SMBC Group (including, collectively or individually, Sumitomo Mitsui Banking Corporation (“SMBC”) , SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Leasing and Finance, Inc., and JRI America, Inc.) and is being furnished by SMBC Group solely for use by the client(s) or potential client(s) to whom such materials are directly addressed and delivered. SMBC Nikko Securities America, Inc. (“SMBC Nikko America”) is a U .S.-registered broker- dealer. SMBC Nikko Securities Canada, Ltd. (“SMBC Nikko Canada”) is a U.S. and Canadian registered broker-dealer. SMBC Capital Markets, Inc. (“SMBC Capital Markets”) is a U .S. swap dealer registered with the Commodity Futures Trading Commission ( “ CFTC ” ). SMBC Group deal team members may be employees of any of the foregoing entities. 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This document has been prepared for and is directed exclusively at Qualified Institutional Buyers, sophisticated institutional investors, and other market professionals. It is not intended for distribution to or use by retail customers. SMBC Group makes no representations to, and does not warrant, this document’s accuracy or completeness. In preparing this document, SMBC Group has relied on information available from third parties, including public sources, and we have assumed, without independent verification, the accuracy and completeness of such information. Any specific prices, indices or measures, including ranges, listed in this document were determined at or around the time the document was prepared and are subject to change without notice. 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