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CHINA: Bond Wrap.

CHINA
  • China GDP expanded +4.6% for the 3 Qtr, below government objective of +5.0%.
  • Industrial production grew by more than expected up +5.4%.
  • Retail sales were stronger than expected rising +3.2%.
  • Property investment year to date declined -10.1%.
  • Equity markets were strong across major bourses with Shanghai Comp +0.65%.

 

2yr 1.487%        5yr 1.758%        10yr 2.112%(-1bp)        30yr 2.291%

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  • China GDP expanded +4.6% for the 3 Qtr, below government objective of +5.0%.
  • Industrial production grew by more than expected up +5.4%.
  • Retail sales were stronger than expected rising +3.2%.
  • Property investment year to date declined -10.1%.
  • Equity markets were strong across major bourses with Shanghai Comp +0.65%.

 

2yr 1.487%        5yr 1.758%        10yr 2.112%(-1bp)        30yr 2.291%