Business · Markets · 2 hrs ago

China’s 10-Year Government Bond Yield Hits Record Intraday Low

China’s 10-Year Government Bond Yield Hits Record Intraday Low

China’s 10-year government bond yield fell to a record intraday low.

The move took place in China’s bond market, where the 10-year government bond is a benchmark.

Ample liquidity supported the decline, meaning cash was readily available in the market.

The yield’s record refers to its lowest level reached during a trading session.

The drop marks a new intraday low for the benchmark yield.

The available information does not say what drove the ample liquidity or whether the yield later changed.

No further developments or next steps are specified.

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