BEIJING -- Chinese government bond yields have rebounded from historic lows in recent weeks, as the country's central bank has stepped up efforts to stabilize the yuan amid heightened trade tensions with the U.S., prompting investors to dial back expectations for interest rate cuts in the near future.
The yield on the one-year Chinese government bond, which moves inversely to its price, rose from 0.908% in late December to 1.477% at the end of February, according to data provider Wind. The yield is at its highest level since late August 2024.
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