TOKYO -- Long-term bond yields in China recently fell below Japan's for the first time, dragged to historic lows by persistent deflationary pressure and expectations of loose monetary policy as concerns mount about risks to the global economy.
Bonds
China's long-term yields sink below Japan's for first time
World's No. 2 economy shows signs of falling into deflationary spiral
Many shoppers in China wait for products to go on sale before buying. © Reuters
Read Next
Latest on Bonds
