China 10Y Yield Rises as Trump–Xi Meeting Begins
2026-05-14 02:46
By
Czyrill Jean Coloma
1 min. read
China’s 10-year government bond yield rose toward 1.75% on Thursday, rebounding from a three-week low hit in the prior session, as investors adopted a cautious stance as the high-stakes meeting between Presidents Donald Trump and Xi Jinping began.
Xi opened the summit by emphasizing that the success of both China and the US represents opportunities for each other, and that a stable relationship is beneficial to the world.
Trump, in turn, said the relationship between the two countries would be “better than ever before.” Discussions are expected to cover a range of topics, such as the Iran war, trade, AI, and Taiwan.
Trump is expected to urge Xi to help facilitate the reopening of the Strait of Hormuz through its ties with Iran, although he has downplayed it in favor of focusing on trade and market access.
The summit, delayed for weeks amid the Middle East tensions, is being closely watched by markets for signals of a breakthrough in US–China relations, particularly on trade flows.