EconomyWhy Citi is betting on China’s 30-year bonds as US Treasury yields climb
Citi Research has turned bullish on China’s 30-year government bonds, recommending a long position as it expects yields to fall further. The bank projects the 30-year yield could move towards 1.8% and the 10-year yield towards 1.6%, citing easing supply pressures and improving market dynamics.
Why Citi is betting on China’s 30-year bonds as US Treasury yields climb
Economy