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China's Long-term Treasury Yields Seen To Rebound

CHINA PRESS
MNI (Singapore)
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Long-term government bond yields will rebound with the upcoming issuance of ultra-long-term special treasury bonds, easing the current "asset shortage", the Securities Daily reported citing analysts. Additionally, faster sales of local government special bonds may ease the sharp downward deviation of long-term treasury bond yields from policy rates, said Feng Lin, research director of Golden Credit Rating. Buyers' increased demand for long-term bonds amid bullish expectations for the bond market has driven long-term bond yields down, with the 10-year and 30-year treasuries closing at 2.2727% and 2.4791% on Wednesday.

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Long-term government bond yields will rebound with the upcoming issuance of ultra-long-term special treasury bonds, easing the current "asset shortage", the Securities Daily reported citing analysts. Additionally, faster sales of local government special bonds may ease the sharp downward deviation of long-term treasury bond yields from policy rates, said Feng Lin, research director of Golden Credit Rating. Buyers' increased demand for long-term bonds amid bullish expectations for the bond market has driven long-term bond yields down, with the 10-year and 30-year treasuries closing at 2.2727% and 2.4791% on Wednesday.