China’s 10-year bond yield fell to lowest since April 11. The flight to safety seems to have a pushed the yield lower. The escalating US-China trade tensions and the resulting risk aversion seems to have boosted haven demand for government bonds. China’s 10-year yield fell to 3.24% earlier today “” the lowest level since April 11 – and was last seen at 3.28%, down three basis points on the day. The futures on the S&P 500 fell more than 1% in Asia on trade standoff. On Saturday, President Trump warned China not to impose retaliatory tariffs, having hiked the tariff rate from 10% to 25% on $200 billion worth of Chinese goods on Friday. Meanwhile, China warned Trump on Sunday not to underestimate China’s endurance to fight a prolonged trade war. Further, China posted its own set off demands for talks including the removal of additional tariffs imposed on Friday. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China should hit back smartly at US – Global Times FX Street 3 years China's 10-year bond yield fell to lowest since April 11. The flight to safety seems to have a pushed the yield lower. The escalating US-China trade tensions and the resulting risk aversion seems to have boosted haven demand for government bonds. China's 10-year yield fell to 3.24% earlier today "” the lowest level since April 11 - and was last seen at 3.28%, down three basis points on the day. The futures on the S&P 500 fell more than 1% in Asia on trade standoff. On Saturday, President Trump warned China not to impose retaliatory tariffs,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
