Actual
1.6860
Daily Change
0.0090
Monthly
-0.05%
Yearly
-0.09%
Q3 Forecast
1.6647
China 10-Year Government Bond Yield - Summary

China's 10-year government bond yield rose toward 1.69% on Thursday but remained near its lowest level since July 2025 after the People's Bank of China left its benchmark lending rates unchanged at record lows for a fifteenth consecutive month. The central bank left the one-year loan prime rate (LPR) at 3.0% and the five-year LPR at 3.5%, signaling a measured policy approach as it reiterated its commitment to maintaining an accommodative monetary stance. Meanwhile, expectations for additional stimulus measures remain elevated following a string of weak July economic indicators, including softer industrial output, retail sales, and fixed-asset investment data. Looking ahead, markets are turning their attention to the National People's Congress Standing Committee meeting in Beijing from August 25 to 28, where investors will watch closely for fresh policy guidance and potential stimulus measures to support economic recovery.

China 10-Year Government Bond Yield - Stats

The yield on China 10Y Bond Yield rose to 1.69% on August 20, 2026, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.05 points and is 0.09 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 4.80 in September of 2007. China 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on August 20 of 2026.

China 10-Year Government Bond Yield - Forecast

The yield on China 10Y Bond Yield rose to 1.69% on August 20, 2026, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.05 points and is 0.09 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 1.66 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 1.56 in 12 months time.



Bonds Yield Day Month Year Date
China 10Y 1.69 0.009% -0.051% -0.088% Aug/20
China 52W 1.20 0.001% 0.070% -0.210% Aug/20
China 20Y 2.12 0.007% -0.131% -0.008% Aug/20
China 2Y 1.23 0.001% -0.085% -0.197% Aug/20
China 30Y 2.17 0.004% -0.097% 0.077% Aug/20
China 3Y 1.24 -0.001% -0.047% -0.198% Aug/20
China 5Y 1.39 0.008% -0.038% -0.242% Aug/20
China 7Y 1.51 0.003% -0.067% -0.238% Aug/20



Related Last Previous Unit Reference
China Inflation Rate 0.50 1.00 percent Jul 2026
China Loan Prime Rate 3.00 3.00 percent Aug 2026
China Unemployment Rate 5.20 5.00 percent Jul 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
1.69 1.68 4.80 1.59 2000 - 2026 percent Daily

News Stream
China 10Y Yield Lingers Near 1-Year Low
China's 10-year government bond yield rose toward 1.69% on Thursday but remained near its lowest level since July 2025 after the People's Bank of China left its benchmark lending rates unchanged at record lows for a fifteenth consecutive month. The central bank left the one-year loan prime rate (LPR) at 3.0% and the five-year LPR at 3.5%, signaling a measured policy approach as it reiterated its commitment to maintaining an accommodative monetary stance. Meanwhile, expectations for additional stimulus measures remain elevated following a string of weak July economic indicators, including softer industrial output, retail sales, and fixed-asset investment data. Looking ahead, markets are turning their attention to the National People's Congress Standing Committee meeting in Beijing from August 25 to 28, where investors will watch closely for fresh policy guidance and potential stimulus measures to support economic recovery.
2026-08-20
China 10Y Bond Yield Hits 12-month Low
China 10 Year Government Bond Yield decreased to 1.68%, the lowest since July 2025. Over the past 4 weeks, China 10Y Bond Yield lost 6.40 basis points, and in the last 12 months, it decreased 9.10 basis points.
2026-08-18
China 10Y Yield Hovers Near 1-Year Low
China's 10-year government bond yield traded around 1.67% on Wednesday, hovering near its lowest level since July 2025, as Premier Li Qiang's calls for stronger policy support to achieve this year's economic and social development goals reinforced expectations of further stimulus measures. During his speech, he pledged to accelerate the transition toward new growth drivers, with greater emphasis on major projects such as the "Six Networks." Moreover, pressure is mounting on policymakers to roll out additional stimulus, as many economists estimate GDP growth has slipped further below Beijing's 4.5%–5.0% target. The remarks came after a fresh batch of July data pointed to a broader loss of economic momentum, with industrial production, retail sales, and fixed-asset investment all weakening more than expected. Meanwhile, the Standing Committee of the National People's Congress will convene in Beijing from August 25 to 28, drawing close market attention.
2026-08-17