China government bond yields hit new low despite PBOC intervention

10-year rate falls below level that triggered fresh warnings over bubble

20240911 pboc

The headquarters of the People's Bank of China in Beijing. © Reuters

WATARU SUZUKI and ECHO WONG, Nikkei staff writers

SHANGHAI/HONG KONG -- Chinese long-term government bond yields hit a fresh low on Wednesday, underscoring strong investor appetite for safe assets even as the central bank intervenes to tamp down what it considers a bubble.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.