SHANGHAI -- China's benchmark yield has dropped to a record low amid deflationary pressures, signaling a heightened risk of the long-term economic stagnation that has plagued Japan.
The yield on China's 10-year government bonds briefly touched 2.341% on Thursday, according to the London Stock Exchange Group. This is the lowest reading in available LSEG data, dipping under the previous trough of 2.352% from June 5, 2002.
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