China’s Sovereign Bond Rally Restored by Brexit as Yields Drop

Updated on
  • Turmoil spurred by British vote boosts demand for haven assets
  • Concern about China’s economic slowdown also buoying debt

China’s government bonds rallied, with 10-year yields erasing this year’s advance, as Britain’s vote to leave the European Union spurred demand for haven assets and the central bank stepped up injections of funds.

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