US Treasury sell-off lifts China-US 10-year yield gap near record
A fresh Treasuries selloff pushed the China-US 10-year yield gap back toward an all-time high, as the US 10-year Treasury yield inched up to as high as 4.81% in Asian trading.
A fresh selloff in Treasuries has pushed the yield gap between US and Chinese 10-year bonds back toward an all-time high, raising the risk of capital outflow from the Asian nation.The benchmark 10-year Treasury yield inched as high as 4.81% in Asian trading on Wednesday, its highest level in nearly…