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China’s 10-Year Yield Hits Record Intraday Low on Ample Cash

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China’s 10-Year Yield Hits Record Intraday Low on Ample Cash China’s benchmark 10-year sovereign yield dropped to an all-time intraday low buoyed by ample liquidity. The yield on 10-year sovereign notes slipped about one basis point to 1.58%. That was the lowest intraday level on record for the on-the-run notes, according to data compiled by Bloomberg.

China’s 10-Year Yield Hits Record Intraday Low on Ample Cash China’s benchmark 10-year sovereign yield dropped to an all-time intraday low buoyed by ample liquidity. The yield on 10-year sovereign notes slipped about one basis point to 1.58%. That was the lowest intraday level on record for the on-the-run notes, according to data compiled by Bloomberg.
China (LOCATION) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →