China’s 10-year government bond yield has dropped below 2% for the first time in history.

China’s 10-year government bond yield has dropped below 2% for the first time in history.

TKL:

China’s 10-year yield has declined by ~130 basis points over the last 4 years.

This comes as the world’s second-largest economy has been going through one of its largest slowdowns in decades.

As a result, China’s consumer confidence fell to near its lowest level in 30 years.

At the same time, home prices have declined ~80% from their peak.

The Chinese economy is struggling.

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