Bonds see worst rout in a year on inflation data

Rising inflation may also complicate potential easing measures from the People’s Bank of China (PBoC) and slow the rally in bonds that’s partly fuelled by expectations of liquidity support from policy makers to boost the slowing economy

HONG KONG: China’s benchmark sovereign bond yield jumped the most in a year, as quickening inflation sowed doubts about whether the nation’s notes can maintain their world-beating advance.

The 10-year government bond yield climbed as much as six basis points to 2.87% on Monday, its biggest rise since July 2020, after eight straight weeks of declines.