JrmRlt

Probable increase in Chinese government bond yields

Long
TVC:CN10Y   China Government Bonds 10 YR Yield
Yields are still currently low based on the long-term regression trend.

What does it imply for RMB bonds if we expect a rate increase in the mid-term (independently of exchange rate movements)?
- Avoid long-duration RMB government bonds,
- Prefer short duration or floating-rate ones.


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