China’s 10-year government bond yield fell to around 1.70% on Monday, returning to its lowest level since August 2025, as softer inflation data reinforced expectations that Beijing has greater flexibility to provide additional policy support in the remainder of the year. Annual consumer inflation eased to a six-month low of 0.5% in July, reflecting further declines in food prices and slower growth in non-food costs. Producer prices also slowed to 3.5% from 4.1%, marking its first deceleration since turning positive in March following the oil-price surge linked to tensions in the Middle East. At a recent meeting, the Political Bureau of the Communist Party of China Central Committee pledged more proactive and effective macroeconomic policies, faster deployment of fiscal funds and bond proceeds, and continued support for equipment upgrades and consumer goods trade-ins. It also stressed boosting domestic demand amid weak consumer spending, despite strong exports and industrial activity.
The yield on China 10Y Bond Yield held steady at 1.70% on August 10, 2026. Over the past month, the yield has fallen by 0.04 points and is 0.02 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 August 10 of 2026.
The yield on China 10Y Bond Yield held steady at 1.70% on August 10, 2026. Over the past month, the yield has fallen by 0.04 points and is 0.02 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 1.68 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 1.58 in 12 months time.