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China’s 10-year sovereign bond yield fell below 3% for first time in three years on weak data


The yield on China’s most-active bonds due in a decade broke through the important 3 per cent benchmark for the first time in three years to hit 2.9975 on Wednesday, shortly after the authorities released worse-than-expected economic data, adding pressure on Beijing to roll out more stimulus to boost the slowing economy amid an escalating trade war with the United States.

It's the first time that China's benchmark 10-year sovereign bond yield . . .

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