China Bond Yield Drops to Lowest in a Decade as Economy Falters

  • Sovereign notes extend gains as credit growth misses estimates
  • There’s now consensus that fundamentals are weak, trader says

Chinese government bonds extended gains, with the 10-year yield falling to the lowest level since at least 2006, as weaker-than-expected credit expansion and industrial output reignited concerns over economic growth.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.