December 23, 2024 01:46 GMT
CHINA: CGB Bond Yields Continue to Fall
CHINA
- Despite efforts last week to halt the move lower in yields, China’ s bond yields dropped in this morning’s trading.
- CGB 10YR has fallen 3bps in early trading to be at 1.689%.
- The 10YR breached the 2.00% in early trading December and has progressively moved lower since.
- There are expectations that in the new year the authorities will reduced monetary policy and make RRR cuts to support the economy.
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