China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

China's 30-year government bond yields were headed for their highest close since September 2024 as rising oil prices tied to the war in Iran stoked inflation concerns. The jump in long-end yields could pressure long-duration assets, raise funding costs for issuers, and complicate Chinese policy options to rein in inflation and stabilize markets.

Analysis

China's 30-year government bond yields were headed for their highest close since September 2024 as rising oil prices tied to the war in Iran stoked inflation concerns. The jump in long-end yields could pressure long-duration assets, raise funding costs for issuers, and complicate Chinese policy options to rein in inflation and stabilize markets.