Why Citi is betting on China’s 30-year bonds as US Treasury yields climb
Citi Research has turned bullish on China’s 30-year government bonds, projecting that yields will fall further even as US Treasury yields climb. In a Monday research note, analysts at the Wall Street bank recommended that investors go long on China’s 30-year sovereign debt, saying they expected the yield to fall towards 1.8 per cent while the 10-year yield could edge towards 1.6 per cent. The analysts attributed the outlook to easing supply pressures and improved market dynamics for China’s...
Where: China
Exact coordinates
china: 35.860, 104.200
Read it at South China Morning Post See this on the map
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