SHANGHAI -- The yield on 10-year Chinese government bonds is hovering near record lows, with deflationary pressure and the protracted downturn in the property market fueling speculation of further monetary easing even as the central bank holds a key interest rate steady.
Bonds
China 10-year yield near record low on deflation fears
Speculation of easing persists even as medium-term rate kept steady
Chinese 100 yuan notes. Consumer prices in China fell 0.3% from a year earlier in December. © Reuters
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