China 10Y Yield Hovers Near 1-Year Low

2026-08-07 03:55 By Czyrill Jean Coloma 1 min. read

China’s 10-year government bond yield held around 1.70% on Friday, hovering near its lowest level in nearly a year as strong trade data underscored the resilience of the country’s external sector.

While both export and import growth eased in July, they remained robust amid strong demand for AI-related technology products.

Exports rose 23.9% year-on-year to USD 397.85 billion, surpassing market expectations, while imports climbed 27.5% to USD 285.35 billion, broadly in line with forecasts.

As a result, China’s trade surplus widened to USD 112.5 billion from USD 97.7 billion a year earlier, above market expectations.

Beijing recently unveiled fresh retaliatory measures against Washington, including tighter controls on drone and related technology exports, sanctions on seven US firms, and its first national security investigation tied to foreign trade.

The move highlights persistent trade tensions ahead of a planned September meeting between Presidents Xi Jinping and Donald Trump.



News Stream
China 10Y Yield Hovers Near 1-Year Low
China’s 10-year government bond yield held around 1.70% on Friday, hovering near its lowest level in nearly a year as strong trade data underscored the resilience of the country’s external sector. While both export and import growth eased in July, they remained robust amid strong demand for AI-related technology products. Exports rose 23.9% year-on-year to USD 397.85 billion, surpassing market expectations, while imports climbed 27.5% to USD 285.35 billion, broadly in line with forecasts. As a result, China’s trade surplus widened to USD 112.5 billion from USD 97.7 billion a year earlier, above market expectations. Beijing recently unveiled fresh retaliatory measures against Washington, including tighter controls on drone and related technology exports, sanctions on seven US firms, and its first national security investigation tied to foreign trade. The move highlights persistent trade tensions ahead of a planned September meeting between Presidents Xi Jinping and Donald Trump.
2026-08-07
China 10Y Yield Trades Near One-Year Low
China’s 10-year government bond yield traded around 1.70% on Thursday, hovering near its lowest level in nearly a year after Beijing sold long-dated offshore yuan bonds at record-low yields. China’s Ministry of Finance issued 15-year and 30-year yuan-denominated notes worth 1 billion yuan ($148 million) each, with yields set at 1.99% and 2.24%, respectively. It also sold two-year bonds at 1.27%, three-year notes at 1.30%, and five-year debt at 1.43%. Demand remained strong, with the overall bid-to-cover ratio across all maturities reaching 4.67 times, the highest since June last year. Separately, China launched five-year government bond futures in Hong Kong, with the September contract opening at 106.685 yuan per contract and carrying a notional value of 500,000 yuan ($74,058). The move marks another step in Beijing’s efforts to deepen offshore yuan markets, attract global investors, and advance yuan internationalization.
2026-08-03
China 10Y Bond Yield Hits 51-week Low
China 10 Year Government Bond Yield decreased to 1.70%, the lowest since August 2025. Over the past 4 weeks, China 10Y Bond Yield lost 3.40 basis points, and in the last 12 months, it decreased 0.10 basis points.
2026-08-03