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China's 10-year bond yield falls to 13-month low

China's benchmark 10-year government-bond yield fell to its lowest level in 13 months as weak economic growth pushed investors toward sovereign debt, the Financial Times reported. The move reflects stronger demand for government securities while markets assess the outlook for activity, inflation and policy support in the world's second-largest economy.

Why it matters

Falling yields show investors seeking safety and anticipating a weaker growth environment in China.

Sources

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