Bond Yields Are Surging Around the World — But China Is Bucking the Trend: ‘The Economy Is in Its Own World’
A global bond yield crisis has pushed borrowing costs to multi-decade highs in the U.S., UK, and Japan, while China's yields near record lows.
When people lend money, they usually want higher interest rates. But China is different right now. Other big countries like America are charging much more to borrow money. China is charging way less. This tells us China's economy might be weaker than others.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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