China’s Key Bond Yield Slides With Yuan on Surprise Rate Cut

China’s benchmark sovereign yield dropped to the lowest in more than three years and the yuan slid, after the central bank unexpectedly cut a key policy interest rate. #press

https://www.bloomberg.com/news/articles/2023-08-15/china-s-10-year-sovereign-bond-yield-falls-to-lowest-since-2020?utm_source=press.coop