China's 10-Year Note Yield is now below 1.60% for the first time in history.

The yield is now down 100+ basis points in over the last year!

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Wen 0%?

With the dollar strengthening, I wonder what the yield equates to in lost purchasing power just from FX. Negative?

Funny thing is their currency finally blasting the 7.30...

Like, with this yield: what hell is going on!?