China Vanke Co. Ltd., the second-largest property developer in China, saw its shares and bonds reach record lows due to concerns over its ability to repay creditors. Meanwhile, US Treasury yields have been dropping, with the 10-year yield hitting lows below 4.16% and 30-year bond yields in China falling to a record low of 2.39%.
10-Year Treasury yields down today - currently @ 4.077%. https://t.co/UeoKuopLsm
🔴 CHINA 30-YEAR GOVERNMENT BOND YIELD FALLS TO RECORD LOW OF 2.39% IN EARLY TRADES.
❖ US 10-YEAR TREASURY YIELDS FALL TO 4.110%, LOWEST SINCE FEBRUARY 8
China Vanke Shares, Bonds Hit New Lows on Debt Worries https://t.co/2YdhseYPNK Bonds are forecasting a default at present.
The 10-year Treasury yield is down 6 bps this morning to 4.148%, that's down about 20 bps from its 2024 high made on 2/23.
* 10-yr yield hits low of 4.158% .. below the 200-day for 1st time since Feb 8th .. @CNBC https://t.co/B7o5xVhlGT
10-Year Treasury yields are down ~6 bps currently @ 4.16%. https://t.co/xPZj6nX7ld
#TreasuriesToday: Yields lower by 2bp-3bp, mostly inside past week's ranges, tho 30Y touched lowest level since Feb. 8 (4.32%). UK leads gains for European bonds & US large-cap tech shares red after S&P 500 notched a new all-time high Monday. Next coupon auction March 11.
Shares and bonds of China Vanke Co. Ltd., the country’s second-biggest property developer by sales, hit record lows Monday on renewed concerns that the company may need more breathing space to repay creditors https://t.co/RxVqD3St5q