China’s 30-Year Government Bond Yield Hits 14-Month Low
Chinese government bonds strengthened, led by 30-year bonds, as stocks fell and an overnight reverse-repurchase operation supported cash conditions.
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Chinese government bonds strengthened, led by 30-year bonds, as stocks fell and an overnight reverse-repurchase operation supported cash conditions.
Chinese government bonds strengthened, with the 30-year yield reaching a 14-month low. The report cites overnight reverse repos and weaker equities as support.
Chinese government bonds strengthened, led by 30-year bonds, as the yield reached a 14-month low. The report cites overnight reverse repos and a weaker stock market as support.
U.S. stock futures rose Wednesday ahead of the September CPI release. The Dow Jones, S&P 500 and Nasdaq 100 were higher after Tuesday’s lower close.
US and world stocks fell for a second day, with investor sentiment pressured by elevated bond yields and caution ahead of US inflation data. The US 30-year yield rose to 5.62%, its highest since 2002, while oil prices fell.
Most Asian currencies fell as oil prices and elevated US Treasury yields pressured risk sentiment. The Thai baht touched 33.64, its weakest since late July, and the rupiah fell to 17,985 per dollar.
Most Asian currencies weaken, with Thailand's baht leading losses at as much as 33.635 per dollar. Indonesian rupiah, Philippine peso and South Korean won also weaken as US yields rise.
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
U.S. stock futures are lower as President Donald Trump announces “Operation Economic Fury” against Iran, lifting geopolitical tensions and pushing Brent crude higher.
China's U.S. Treasury holdings fell to $633.4 billion in June from $659.3 billion in May, while the 30-year Treasury yield reached 5.31%, the highest since June 2007.