Actual
1.6584
Daily Change
-0.01%
Monthly
-0.04%
Yearly
-0.11%
Q4 Forecast
1.6479
China 10-Year Government Bond Yield - Summary

China’s 10-year government bond yield fell to around 1.66% on Friday, hovering near its lowest level since June 2025, as a strengthening yuan and a lackluster economy bolstered demand for Chinese sovereign debt. The yield has declined 18 basis points since the end of December, while Chinese bonds have delivered nearly 10% returns over the past 12 months for dollar-based investors. Chinese bonds have also benefited from the country’s relative insulation from rising oil prices, supported by substantial strategic reserves and the continued shift toward electrified transport. Beijing’s efforts to attract more foreign investors to its domestic bond market are providing another source of support as China seeks to expand the yuan’s international role. The rally has widened the yield gap between Chinese and US government bonds to a record this month, with China’s 10-year yield at 1.67%, 352 basis points below that of comparable-maturity US Treasuries.

China 10-Year Government Bond Yield - Stats

The yield on China 10Y Bond Yield eased to 1.66% on October 16, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.04 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 5.05 in July of 2007. China 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on October 17 of 2026.

China 10-Year Government Bond Yield - Forecast

The yield on China 10Y Bond Yield eased to 1.66% on October 16, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.04 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 1.65 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 1.61 in 12 months time.



Bonds Yield Day Month Year Date
China 10Y 1.66 -0.011% -0.042% -0.108% Oct/16
China 52W 1.16 -0.069% -0.112% -0.262% Oct/16
China 20Y 2.10 0.028% -0.036% -0.095% Oct/16
China 2Y 1.23 -0.047% -0.070% -0.289% Oct/16
China 30Y 2.06 -0.012% -0.106% -0.189% Oct/16
China 3Y 1.28 -0.035% 0.011% -0.254% Oct/16
China 5Y 1.38 -0.044% -0.074% -0.225% Oct/16
China 7Y 1.47 -0.048% -0.093% -0.287% Oct/16



Related Last Previous Unit Reference
China Inflation Rate 0.90 0.80 percent Sep 2026
China Loan Prime Rate 3.00 3.00 percent Sep 2026
China Unemployment Rate 5.30 5.20 percent Aug 2026

China 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
1.66 1.67 5.05 1.61 2000 - 2026 percent Daily

News Stream
China 10Y Yield Hovers Near 2025 Low
China’s 10-year government bond yield fell to around 1.66% on Friday, hovering near its lowest level since June 2025, as a strengthening yuan and a lackluster economy bolstered demand for Chinese sovereign debt. The yield has declined 18 basis points since the end of December, while Chinese bonds have delivered nearly 10% returns over the past 12 months for dollar-based investors. Chinese bonds have also benefited from the country’s relative insulation from rising oil prices, supported by substantial strategic reserves and the continued shift toward electrified transport. Beijing’s efforts to attract more foreign investors to its domestic bond market are providing another source of support as China seeks to expand the yuan’s international role. The rally has widened the yield gap between Chinese and US government bonds to a record this month, with China’s 10-year yield at 1.67%, 352 basis points below that of comparable-maturity US Treasuries.
2026-10-15
China 10Y Yield Hits Fresh 2025 Low
China’s 10-year government bond yield fell to around 1.67% on Wednesday, hitting its lowest level since June 2025 as strong export growth reinforced the country’s external outlook. China’s trade surplus widened to $133.53 billion in September 2026 from $88.72 billion a year earlier, marking its largest surplus since January 2025. Exports surged 36.3% year-on-year to a record $447.18 billion, while imports rose 31.0% to an all-time high of $313.66 billion. Meanwhile, investors weighed a continued recovery in consumer prices against intensifying cost pressures. Annual inflation edged up to 0.9% in September from 0.8% in August, reaching a three-month high. Producer price inflation accelerated to 5.0% from 3.8%, its strongest pace since June 2022. Renewed hostilities in the Middle East and risks to global oil supplies have pushed up input costs, squeezing corporate margins as businesses struggle to pass higher expenses on to consumers.
2026-10-14
China 10Y Yield Hits Over 1-Year Low
China’s 10-year government bond yield fell to around 1.67% on Tuesday, hitting its lowest level since July 2025 as yuan-denominated debt attracts global borrowers seeking cheaper financing. Regulators have cleared the offshore transfer of proceeds from more than 40% of panda bonds issued this year, a record share equivalent to as much as CNY130 billion ($19 billion). Foreign issuers raised CNY115.5 billion through October 8, twice the total for all of last year, and now account for 47% of the market, from 13% three years ago. Meanwhile, investors monitored China-EU trade talks due to conclude later Friday. European industry groups urged immediate action against unfair Chinese trade practices, warning of mounting pressure on EU manufacturers and further job losses. The talks follow three months of discussions over the bloc’s goods trade deficit with China and Beijing’s restrictions on rare earths and other critical mineral exports.
2026-10-09