How do Chinese bonds do amid trade war tensions?
Chinese bonds – Just wondering what the trade war means for Chinese bonds as the 10-yr government bonds yield declined to 3.40% from 3.90% this year alone, while the 10-yr China Development Bank bonds yield slid to 3.80% from 4.80% since January. Do I have to question the higher US yield and safety status of Trys?
Amid the turbulence in corporate bonds space government stepped in with support efforts in the form of special protection clause during the “event” that helps new corporate bonds issues to lower the yield as well.
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Good luck Champs!
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