China’s 10-year bond yields drop amid $1.4 billion debt refinancing program, more stimulus awaited | Stock Market News
Source: Live Mint Yield for China’s benchmark 10-year bonds have slid to their lowest in over a month after the government announced its 10 trillion yuan or $1.4 billion worth debt refinancing programme, Bloomberg reported. This mostly came as traders were disappointed with the measures and are awaiting more stimulus amid China’s wait-and-watch approach to…