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Inflation Concerns Lift Bond Yields

11-09 14:33 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-11-06/110305586.html

» Investor expectations of rising inflationary pressure have driven up Chinese bond yields over the past month, and buyers are now favoring short-term paper over long-term debt, traders told Caijing on Friday.
» They noted that the 10-year government bond yield had risen from 3.5211 percent in early October to 3.6773 percent on Thursday.
» The yield on one-year central bank bills on the secondary market stood at 1.8942 percent on Thursday, up from 1.8262 percent in early October.
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