0218 GMT - The Chinese government bond yield curve is likely flattening amid prolonged easing bias, as DBS Group Research expected, economist Samuel Tse says in commentary. China's persistently weak inflation has spurred the PBOC to remain in an easing stance, the economist says. DBS expects 50 bps worth of cuts in the 1-year loan prime rate this year, in tandem with balance-sheet expansion. However, 2-year and 10-year Chinese government bond yields have recently dropped to record lows, and near-term downside risk could be limited, the economist adds. The 10-year yield is up 2 bps at 1.678%.xx(ronnie.harui@wsj.com)
(END) Dow Jones Newswires
January 09, 2025 21:18 ET (02:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。