A post by @FirstSquawk on X.
China’s 10-year sovereign bond futures reach a fresh record high in early trading.
@FirstSquawk on X
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China’s 10-year sovereign bond futures hit a fresh record high in early trading, extending a rally that has pushed yields on the benchmark tenor to new lows. The move reflects persistent demand for duration among domestic investors amid expectations for continued monetary easing and subdued growth. The record comes as Beijing balances support for the economy against downward pressure on long-end yields. Traders will watch upcoming policy signals from the People’s Bank of China and any shift in government bond supply for the next directional cue.
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Named in this story
China, 10-year sovereign bond futures