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.
10-year rate falls below level that triggered fresh warnings over bubble
The headquarters of the People's Bank of China in Beijing. © Reuters
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.