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.
Bonds
China bond yields rebound as PBOC intensifies yuan stabilization
Rising short-term rates signal central bank's cautiousness as trade war looms
Some analysts say the People Bank of China will cut rates more slowly than expected amid rising trade uncertainties with the U.S. © Reuters
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