China’s 10-year government bond yield fell to around 1.67% on Monday, hitting its lowest level since mid-July, as a fresh batch of PMI data reinforced expectations that the economic recovery is gradually gaining momentum. A private survey showed the Composite PMI rising to 52.1 in August from 50.8 in July, with growth strengthening across both manufacturing (51.5 vs 50.9) and services (51.4 vs 50.4). The upbeat reading came alongside official data showing the composite PMI edging up to 49.5 from 49.3, as manufacturing activity improved (49.8 vs 49.2), while the non-manufacturing PMI was unchanged at 49. Investors now await trade and inflation data later this week. Meanwhile, China is injecting CNY 300 billion ($45 billion) into its largest banks and insurers as part of the country’s biggest financial-sector recapitalization in nearly two decades, aimed at strengthening balance sheets and supporting credit growth amid a slowing economy.
The yield on China 10Y Bond Yield eased to 1.68% on September 7, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.02 points and is 0.11 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the China 10-Year Government Bond Yield reached an all time high of 4.80 in September of 2007. China 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on September 7 of 2026.
The yield on China 10Y Bond Yield eased to 1.68% on September 7, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.02 points and is 0.11 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The China 10-Year Government Bond Yield is expected to trade at 1.67 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.56 in 12 months time.