Global investors sold China’s onshore bonds for the eighth straight month, the longest streak on record, as the notes’ appeal was dampened by a surge in Treasury yields and a weaker yuan.
Foreign investor holdings of Chinese bonds in the interbank market fell by about 70.7 billion yuan ($9.7 billion) in September following net sales of 35.4 billion yuan in the previous month, according to data from China Central & Depository Clearing Co. and Shanghai Clearing House.
