UBS GWM: China long-term government bond yield to continues to fall

20 December 2018 | 1 minute read

UBS Global Wealth Management expects China’s economy to experience a downturn in the first quarter of 2019 and believes long-term government bond yields will remain low. “The Chinese economy remains sluggish due to credit tightening, higher credit risks, and a trade slowdown,” the bank pointed out. “This is reflected by a steady decline in long-term government bond yields. We expect…

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