China government bond yields are mostly stable, as investors refrain from adding new positions ahead of the opening of 18th Communist Party Congress Thursday, says a Shanghai-based trader with a local brokerage. The U.S. Presidential election has also drawn the attention of domestic investors and the overall market volume is quite low, he notes. The yield on the benchmark one-year government bond rises 1 bp to 2.94%, while the seven-year bond yield declines 1 bp to 3.49%.
Find us on Google+
No comments:
Post a Comment