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Markets

China government bond yields slip as coronavirus concerns rise

  • The yield on the benchmark 10-year Chinese government bond fell to 2.7975% in morning trade on Monday
Published August 2, 2021 Updated August 2, 2021 09:59am
By

SHANGHAI: Chinese government bond yields fell to their lowest in more than a year on Monday as traders worried about the impact of a surge in new coronavirus cases.

The yield on the benchmark 10-year Chinese government bond fell to 2.7975% in morning trade on Monday, the lowest since June 2020.

Foreign holdings of China govt bonds top 10% in January

The most-traded China 10-year government bond futures contract, for September delivery, rose as much as 0.4% in early trade.

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