China Yield Curve Nears Inversion

🇨🇳 🇨🇳 China: The extra yield on the nation’s 30-year bonds over their two-year peers has been shrinking for more than a year and this month slipped to the narrowest in more than a decade. That suggests traders are increasingly pessimistic about the growth outlook due to a chronic property crisis and persistent deflation. Many analysts see the curve remaining relatively flat as expectations for easing keep being set back
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