China exception amid global sovereign bond selloff concerns
Global sovereign bonds are being slammed as worries over rising prices, policy credibility and unsustainable debts lift government borrowing costs toward multi-decade and record highs, with China a notable exception.
By Jamie McGeeverSovereign bonds are getting slammed globally, as worries over rising prices, policy credibility, and unsustainable debts push government borrowing costs in many major economies to multi-decade and even record highs.
But there's one notable exception: China.The yield on the benchmar…