China 10Y Yield Hits Fresh 2025 Low

2026-10-14 03:29 By Czyrill Jean Coloma 1 min. read

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.



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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
China 10Y Yield Hits Near 1-Month High
China’s 10-year government bond yield rose to around 1.70% on Thursday, hitting its highest level in nearly a month as investors returned from the week-long Golden Week holiday. Investors remained underwhelmed by the latest round of stimulus measures, which include mortgage subsidies and expanded central bank funding support, while the State Council pledged to roll out “a package of practical and effective additional policies.” While the latest measures represent the biggest stimulus effort since September 2024 and make it more likely that China will meet its annual growth target of 4.5%-5%, investors are waiting for further support to address the country’s underlying demand weakness. Meanwhile, offshore investors’ monthly repo transactions climbed to 1.2 trillion yuan in August, more than double the level a year earlier. However, broader international participation remains constrained by legal complexities and subdued bond yields.
2026-09-30