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المشهد العربي
10-year Chinese bond yields hit 13-month low
The yield on China's 10-year sovereign bonds dropped to its lowest level in 13 months, reaching 1.67%. This decline is attributed to a slowdown in China's economic growth, which has prompted investors to seek safe-haven assets. The decrease in yield is mainly due to weak credit demand and low bank deposit interest rates, factors that boost the attractiveness of Chinese government debt instruments amid the sluggish economic growth conditions.
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