China's lowest bond yields since 2016 look really juicy to some

HONG KONG: China’s benchmark government debt is the closest in years to yielding just 3%.

Escalations in global trade tensions since April have put a damper on sentiment, helping spur a rally in Chinese sovereign bonds. The yield on the country’s 10-year debt is down about 40 basis points since a peak that month, falling as low as 3.03% Friday. It hasn’t traded below the 3% threshold since November 2016.