February 14, 2025 03:21 GMT
CHINA: Bond Futures Lower in Friday Trading.
CHINA
- China’s 10YR bond future is on track for a third success day of declines and finish lower for the week.
- The 10YR future is lower by -0.14 today at 108.99 and having breached the 20-day EMA of 109.14, the next stop is the 50-day EMA of 108.63
- China’s 2YR future is down -0.04 today at 102.534 and having breached the 100-day EMA in recent days, the next key technical level is the 200-day EMA of 102.38.
- China is set to release Aggregate Financing, Net New Yuan Loans, FDI and Money Supply Data.
- China’s CGB 10YR government has had a modest sell-off, with the yield higher by +0.05bps at 1.63, higher by 2bps for the week.
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