China's bond yield drops below 2%, signaling expected economic stimulus amid weak outlook.

China's 10-year government bond yield fell below 2% to a record low, reflecting expectations of more stimulus measures to boost the economy. The People's Bank of China recently injected 800 billion yuan into the banking system and purchased 200 billion yuan in government bonds. Analysts expect further stimulus and bond purchases to continue amid a weak economic outlook.

December 02, 2024
17 Articles