China's bond yields fall, offering diversification appeal distinct from US, Japan, and UK

1. 1China's bond yields have edged down over recent months, while benchmark yields in the US, Japan, and the UK have surged to multi-decade highs
2. 2July retail sales and industrial output fell short of expectations, fueling hopes for further rate cuts and stimulus, with the People's Bank of China maintaining an accommodative stance
3. 3Strategists said China's rate cycle is diverging increasingly from those of the US, Europe, and Japan, giving it a diversification role in global portfolios

Source Bloomberg +1 · View original ↗

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