SHANGHAI/HONG KONG -- Chinese long-term government bond yields fell and stocks edged up on Tuesday after the Communist Party's leadership signaled that it will step up policy support to counter deflationary pressures.
Yields hit fresh low as stocks pare back early gains
A man walks past a brokerage house in Beijing on Nov. 6. Government bonds have been among the best-performing assets in China this year, becoming a haven for investors hit by a prolonged decline in home prices. © Reuters
SHANGHAI/HONG KONG -- Chinese long-term government bond yields fell and stocks edged up on Tuesday after the Communist Party's leadership signaled that it will step up policy support to counter deflationary pressures.