China's treasury bond market saw the biggest sell-off in three years on Monday, as the stock market staged a rally on hopes of stronger economic recovery, more reforms from the government for the capital market and ample liquidity.
The yield on the 10-year government bonds in the interbank market climbed 10.1 basis points to close at 2.9975 per cent, the highest since January 23 this year. The yield touched 3 per cent . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
Grab the Special Offer ! Get Yuan Talks full service at $0.6 a day!
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In