SHANGHAI/HONG KONG -- The yield on China's 10-year government bond fell below 2% for the first time Monday, underscoring the deflationary pressures facing the economy despite a flurry of stimulus announcements.
Bonds
China deflationary pressures send benchmark bond yield to new low
Onshore yuan falls to lowest point in more than year despite stimulus packages
Yields on Chinse government bonds have been falling for most of the year as the country's central bank battles a slowdown in economic growth. © Reuters
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