MNI: PBOC Net Drains CNY204.5 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1691 Thurs; -1.02% Y/Y

MNI BRIEF: Ex-BOC's Poloz Sees 20% CAD Drop In Trade War

MNI NBP WATCH: Rates Held At 5.75%, Trump Risk Highlighted

MNI BRIEF: U.S. Wage Growth Stagnating At Strong Levels - ADP

MNI China Daily Summary: Wednesday, February 5

MNI: SWEDEN FLASH JAN CPIF +2.2% Y/Y

MNI: SWISS JAN UNEMPLOYMENT +4.2% M/M, +20% Y/Y

MNI:AUSTRALIA DEC TRADE BALANCE A$+5085

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA: Bond Futures Seem Disinterested in the Trade War.   

CHINA
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • China’s bond futures key contracts appear to still be on Lunar New Year holidays, ignoring the turmoil from tariff headlines.
  • China’s 2YR future is up just +0.01 today, to 102.82 and is wedged in between the 20-day EMA of 102.83 and the 50-day EMA of 102.78.
  • China’s 10YR future is up +0.035 today, to 109.45, sitting above the 20-day EMA of 109.11.
  • China’s 10YR CGB is 1bp lower today at 1.612%.
  • The key data releases since the Lunar New Year break has been the Caixin PMIs which whilst moderating, are likely to have been influenced by the earlier than usual holiday period.
  • Next week sees key data releases being PPI and CPI and Aggregate Financing.
110 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • China’s bond futures key contracts appear to still be on Lunar New Year holidays, ignoring the turmoil from tariff headlines.
  • China’s 2YR future is up just +0.01 today, to 102.82 and is wedged in between the 20-day EMA of 102.83 and the 50-day EMA of 102.78.
  • China’s 10YR future is up +0.035 today, to 109.45, sitting above the 20-day EMA of 109.11.
  • China’s 10YR CGB is 1bp lower today at 1.612%.
  • The key data releases since the Lunar New Year break has been the Caixin PMIs which whilst moderating, are likely to have been influenced by the earlier than usual holiday period.
  • Next week sees key data releases being PPI and CPI and Aggregate Financing.