China’s 10-year government bond yield dropped to a historic low of 2% Monday, as traders ramped up wagers that the country’s central bank would ease monetary policy further to bolster a weak economy.
After declining for a fifth week, the benchmark yield fell two basis points to the level on Monday morning. The 30-year yield also declined three basis points to 2.17%, after falling below its Japanese counterpart for the first time in about two decades last month.
Visited 1 times, 1 visit(s) today
