Chinese government bonds are rebounding with PBOC providing cash support to lower borrowing costs.

From Yahoo Finance: 2025-03-19 23:57:00

Chinese government bonds are seeing a recovery as the central bank injects short-term funding support, with yields on the 10-year note falling 3 basis points to 1.84%. The People’s Bank of China added 973.2 billion yuan in short-term policy loans over four days, signaling growing concern over recent bond market risks. This move aims to lower borrowing costs and support economic growth targets. China’s annual new government bond supply is set to rise to 11.86 trillion yuan, with officials increasing the budget deficit target to around 4% of GDP. The PBOC may ease liquidity as yuan pressures decline.



Read more at Yahoo Finance: Chinese Bonds Recover From Selloff as PBOC Steps Up Cash Support