China’s 10-year government bond yield jumped toward 1.76% on Friday, following a near three-week low reached in the previous session, as risk sentiment deteriorated amid renewed trade tensions. Mexican President Claudia Sheinbaum recently announced that her administration is considering implementing tariffs on imports from countries lacking formal trade agreements with Mexico—most notably China—as part of "Plan Mexico." While Sheinbaum confirmed that further details on the affected sectors will be disclosed in due course, she did not specify the tariff rates or provide a timeline for the announcement. In China, market participants are closely monitoring next week’s trade and inflation data for fresh insights into the country's economic trajectory. On the monetary policy front, the PBoC announced plans to inject CNY 1 trillion into the financial system via an outright reverse repo operation on September 5, 2025, to ensure sufficient liquidity within the banking sector.
The yield on China 10Y Bond Yield eased to 1.77% on September 5, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.05 points, though it remains 0.37 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 4.80 in September of 2007. China 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on September 7 of 2025.
The yield on China 10Y Bond Yield eased to 1.77% on September 5, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.05 points, though it remains 0.37 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 1.76 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 1.74 in 12 months time.