China 10-Year Sovereign Yield Falls to 3% First Time Since 2016

(Bloomberg) — China’s 10-year sovereign bond yield fell to 3% for the first time since 2016, joining a global rally of government debt as the nation’s economy slowed and its trade dispute with the U.S. worsened.The yield on the country’s most-active notes due in a decade fell 1 basis point to briefly
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