Actual
1.5932
Daily Change
-0.01%
Monthly
-0.11%
Yearly
-0.18%
Q4 Forecast
1.6476
China 10-Year Government Bond Yield - Summary

China’s 10-year government bond yield fell to around 1.58%, hitting an all-time low as safe-haven demand strengthened amid a sharp selloff in equities and a recent shift in the policy rate. Chinese stocks came under renewed pressure, led by a significant technology-sector selloff, as growing concerns over potential regulatory headwinds for the AI and data center industries weighed on sentiment. Meanwhile, the PBOC has accelerated its interest rate reform, placing greater emphasis on the overnight policy rate from early November and setting it at 1.25%, below the previous seven-day benchmark of 1.4%. The 30-year government bond yield also fell by around 1 basis point to 2.03%. Looking ahead, analysts expect yields to face further downward pressure, supported by lower funding costs and persistently weak domestic demand.

China 10-Year Government Bond Yield - Stats

The yield on China 10Y Bond Yield eased to 1.59% on November 6, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.11 points and is 0.18 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the China 10-Year Government Bond Yield reached an all time high of 5.05 in July of 2007. China 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on November 7 of 2026.

China 10-Year Government Bond Yield - Forecast

The yield on China 10Y Bond Yield eased to 1.59% on November 6, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.11 points and is 0.18 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The China 10-Year Government Bond Yield is expected to trade at 1.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.61 in 12 months time.



Bonds Yield Day Month Year Date
China 10Y 1.59 -0.015% -0.109% -0.177% Nov/06
China 52W 1.21 -0.005% -0.076% -0.171% Nov/06
China 20Y 2.03 -0.035% -0.145% -0.128% Nov/06
China 2Y 1.26 0% -0.065% -0.182% Nov/06
China 30Y 2.05 -0.026% -0.093% -0.129% Nov/06
China 3Y 1.28 -0.001% -0.092% -0.187% Nov/06
China 5Y 1.36 -0.007% -0.127% -0.207% Nov/06
China 7Y 1.46 -0.004% -0.087% -0.247% Nov/06



Related Last Previous Unit Reference
China Inflation Rate 0.90 0.80 percent Sep 2026
China Loan Prime Rate 3.00 3.00 percent Oct 2026
China Unemployment Rate 5.20 5.30 percent Sep 2026

China 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
1.59 1.61 5.05 1.59 2000 - 2026 percent Daily

News Stream
China 10-Year Yield Hits All Time Low
China’s 10-year government bond yield fell to around 1.58%, hitting an all-time low as safe-haven demand strengthened amid a sharp selloff in equities and a recent shift in the policy rate. Chinese stocks came under renewed pressure, led by a significant technology-sector selloff, as growing concerns over potential regulatory headwinds for the AI and data center industries weighed on sentiment. Meanwhile, the PBOC has accelerated its interest rate reform, placing greater emphasis on the overnight policy rate from early November and setting it at 1.25%, below the previous seven-day benchmark of 1.4%. The 30-year government bond yield also fell by around 1 basis point to 2.03%. Looking ahead, analysts expect yields to face further downward pressure, supported by lower funding costs and persistently weak domestic demand.
2026-11-06
China 10Y Yield Remains at 2025 Low
China’s 10-year government bond yield fell to around 1.60%, remaining at its lowest level since February 2025, as the PBOC’s shift toward an overnight-rate-based monetary policy framework signaled potentially lower short-term funding costs. Under the new framework, the central bank will conduct daily overnight reverse repo operations at a fixed rate of 1.25%, moving the overnight rate toward becoming its primary policy anchor and gradually phasing out the long-standing seven-day benchmark. The newly disclosed rate is below the existing seven-day reverse repo rate of 1.4% and broadly in line with market expectations and prevailing funding costs. Meanwhile, the central bank raised the foreign exchange reserve requirement ratio by 2 percentage points to 6% from 4%, effective November 15. The move is intended to tighten dollar liquidity in the onshore market, increasing the cost for financial institutions to hold foreign currency and discouraging commercial lenders from selling dollars.
2026-11-02
China 10Y Yield Lingers Near 2025 Low
China’s 10-year government bond yield rose toward 1.66%, although it remained near its lowest level since May 2025, after the People’s Bank of China kept its benchmark lending rates unchanged. The central bank kept the one-year loan prime rate at 3% and the five-year rate at 3.5%, holding both at record lows for a 17th straight month. The decision followed data showing China’s economy grew 4.5% year-over-year in Q3 2026, accelerating from a three-year low in Q2 and beating market forecasts. The rebound keeps Beijing’s full-year growth target of 4.5%–5.0% within reach, giving policymakers more room to delay broad-based monetary easing after introducing fresh targeted support measures. Separately, the PBoC said it would set up a swap facility to provide emergency liquidity support to non-bank financial institutions facing large-scale redemptions. Investors are also monitoring the Communist Party’s Fifth Plenum for policy guidance and further clarity on Beijing’s economic priorities.
2026-10-20