
‘Sentiment Is Only Getting Worse’: Bond Selloff, Liquidity Concerns Hit China As Stocks Dive
Well, here's what we said last night:
https://twitter.com/heisenbergrpt/status/924822011536461825
Things were a bit dicey in China in Monday, although it calmed down by the time the session ended. One ongoing issue is rising yields. Yields on the 10-year rose by as much as 10bps at one point, the most since mid-December. They're now the highest since 2014:
The 5-year yield jumped 11 basis points to 3.99%.
As you're probably aware, the curve inversion issue is ongoing over the