EconomyChina bond market diverges from US as Warsh strikes hawkish tone at Jackson Hole
China’s disappointing economic data and Federal Reserve chairman Kevin Warsh’s hawkish tone at Jackson Hole are pushing the Chinese and US bond markets further apart. Concerns over fiscal sustainability are also weighing on Treasuries, while China’s 10-year government bond yield fell to 1.692 per cent on Monday, nearing a one-year low.
People in this report Kevin Warsh
China bond market diverges from US as Warsh strikes hawkish tone at Jackson Hole
Economy