China’s 10-year government bond yield steadied around 1.74% on Tuesday after hitting a one-month low last week, as the central bank maintained an accommodative monetary policy stance amid weakening economic momentum. The PBoC kept the one-year loan prime rate unchanged at 3% and the five-year LPR at 3.5%, leaving both at historically low levels for a twelfth consecutive month in May. The decision came despite industrial output growth slowing to its weakest pace since July 2023 and retail sales expanding at their slowest rate since December 2022. The softer economic data reinforced expectations for additional stimulus, with investors now closely watching the Communist Party’s Politburo meeting in July. Meanwhile, Chinese President Xi Jinping is reportedly expected to visit North Korea as early as next week, marking his first trip there in seven years and highlighting warming ties following the resumption of cross-border rail and air services.

The yield on China 10Y Bond Yield eased to 1.75% on May 26, 2026, marking a 0.08 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.02 points, though it remains 0.08 points higher 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 May 26 of 2026.

The yield on China 10Y Bond Yield eased to 1.75% on May 26, 2026, marking a 0.08 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.02 points, though it remains 0.08 points higher 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 1.74 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 1.64 in 12 months time.



Bonds Yield Day Month Year Date
China 10Y 1.75 -0.083% -0.020% 0.077% May/26
China 52W 1.17 -0.073% 0.020% -0.290% May/26
China 20Y 2.24 -0.015% 0.008% 0.278% May/26
China 2Y 1.24 -0.087% -0.012% -0.217% May/26
China 30Y 2.23 -0.051% -0.031% 0.328% May/26
China 3Y 1.29 -0.080% -0.005% -0.190% May/26
China 5Y 1.45 -0.004% -0.049% -0.089% May/26
China 7Y 1.59 -0.088% -0.051% -0.010% May/26



Related Last Previous Unit Reference
China Inflation Rate 1.20 1.00 percent Apr 2026
China Loan Prime Rate 3.00 3.00 percent May 2026
China Unemployment Rate 5.20 5.40 percent Apr 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
1.75 1.83 4.80 1.59 2000 - 2026 percent Daily

News Stream
China 10Y Yield Steady
China’s 10-year government bond yield steadied around 1.74% on Tuesday after hitting a one-month low last week, as the central bank maintained an accommodative monetary policy stance amid weakening economic momentum. The PBoC kept the one-year loan prime rate unchanged at 3% and the five-year LPR at 3.5%, leaving both at historically low levels for a twelfth consecutive month in May. The decision came despite industrial output growth slowing to its weakest pace since July 2023 and retail sales expanding at their slowest rate since December 2022. The softer economic data reinforced expectations for additional stimulus, with investors now closely watching the Communist Party’s Politburo meeting in July. Meanwhile, Chinese President Xi Jinping is reportedly expected to visit North Korea as early as next week, marking his first trip there in seven years and highlighting warming ties following the resumption of cross-border rail and air services.
2026-05-20
China 10Y Yield Hits Near 1-Month Low
China’s 10-year government bond yield fell to around 1.74% on Tuesday, extending losses from the previous session and hitting its lowest level in nearly a month, as weak economic data fueled expectations of stimulus measures. New home prices across 70 major cities fell 3.5% year-on-year in April 2026, marking the steepest drop since May 2025. Fixed-asset investment also declined 1.6% annually in the January–April period. Moreover, industrial output eased to 4.1% in April, marking the weakest growth since July 2023, while retail sales rose just 0.2%, pointing to weak domestic consumption. Meanwhile, the surveyed urban unemployment rate edged down to a three-month low of 5.2% in April. The data signal a broad slowdown, reinforcing expectations of policy support, although authorities remain cautious. Markets are now focused on the Communist Party’s Politburo meeting in July, viewed as a key juncture for reassessing growth targets and policy direction.
2026-05-18
China 10Y Yield Falls to 2-Week Low
China’s 10-year government bond yield fell to 1.75% on Friday, reversing the previous session’s gains and hitting its lowest level in more than two weeks, supported by optimism surrounding the high-stakes Trump–Xi meeting. The two leaders opened a second day of talks at Zhongnanhai, a rare and symbolic venue seen as more intimate than the Great Hall of the People. Trump said “a lot of good” had come from the visit and claimed the two sides had reached “fantastic trade deals,” while Xi said both countries had agreed to stabilize trade ties, expand cooperation, and manage differences constructively. Key outcomes included China’s expected purchase of 200 Boeing aircraft and “double-digit billions” of dollars in US agricultural imports over the next three years. Meanwhile, Trump said Washington and Beijing shared similar views on ending the conflict and keeping the Strait of Hormuz open, while China’s foreign minister called for safeguarding the critical maritime corridor.
2026-05-15