China 10Y Yield Hits Near 10-Month Low

2026-06-01 02:45 By Czyrill Jean Coloma 1 min. read

China's 10-year government bond yield fell to around 1.70% on Monday, its lowest level since August 2025, as investors continued to seek safer assets amid growing evidence of an economic slowdown in China.

Official data showed China's Composite PMI rose to 50.5 in May from 50.1 in April, supported by a slight rebound in the non-manufacturing sector (50.1 vs. 49.4), while the manufacturing PMI (50.0 vs. 50.3) edged lower.

A private survey also showed that the manufacturing PMI slipped to 51.8 from April's five-year high of 52.2.

Earlier data pointed to a broader slowdown in activity, with retail sales growth easing to its weakest level since December 2022, while industrial output growth slowed to its weakest pace since July 2023.

Firms continued to monitor Middle East developments as regional tensions weighed on demand and increased costs, while uncertainty persisted over a potential US-Iran ceasefire deal.



News Stream
China 10Y Yield Hits Near 10-Month Low
China's 10-year government bond yield fell to around 1.70% on Monday, its lowest level since August 2025, as investors continued to seek safer assets amid growing evidence of an economic slowdown in China. Official data showed China's Composite PMI rose to 50.5 in May from 50.1 in April, supported by a slight rebound in the non-manufacturing sector (50.1 vs. 49.4), while the manufacturing PMI (50.0 vs. 50.3) edged lower. A private survey also showed that the manufacturing PMI slipped to 51.8 from April's five-year high of 52.2. Earlier data pointed to a broader slowdown in activity, with retail sales growth easing to its weakest level since December 2022, while industrial output growth slowed to its weakest pace since July 2023. Firms continued to monitor Middle East developments as regional tensions weighed on demand and increased costs, while uncertainty persisted over a potential US-Iran ceasefire deal.
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China 10Y Yield Trades Near Over 9-Month Low
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