10 Jan China’s 10-year sovereign bond jumps, driving yield to lowest since 2020 as bets on interest-rate cuts increase
Posted at 11:00h
in Asia
A jump in China’s benchmark 10-year government bond has sent its yield to its lowest since 2020 as traders ramped up wagers that policymakers will cut interest rates this year to rejuvenate growth.The debt yield was 2.494 per cent on Wednesday, a level not seen...