China’s 10-year government bond yield fell to around 1.67% on Wednesday, nearing its lowest level since mid-June 2025, as banks increasingly turned to government debt to boost returns amid weak demand for mortgages and consumer loans. Claims on the government rose to 16.4% of lenders’ total assets in July from 11.5% five years earlier, while claims on residents fell to 16.4% from 20.3%. The shift marked the first-ever reversal between the two categories, highlighting Beijing’s struggle to revive credit demand following an unprecedented property downturn and a prolonged consumption slump. On the economic front, annual consumer inflation rose to 0.8% in August, matching market expectations and accelerating from a six-month low of 0.5% in July. Producer price inflation also picked up to 3.8% from 3.5%, surpassing expectations of 3.7%. The renewed price pressures were driven largely by higher energy costs amid ongoing tensions in the Middle East.
The yield on China 10Y Bond Yield held steady at 1.68% on September 9, 2026. Over the past month, the yield has fallen by 0.02 points and is 0.14 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 9 of 2026.
The yield on China 10Y Bond Yield held steady at 1.68% on September 9, 2026. Over the past month, the yield has fallen by 0.02 points and is 0.14 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 1.67 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 1.55 in 12 months time.