27-12-2024, 10:03 AM
2024 is the best year for bond holders
Quote:Chinese Bonds Post Best Returns in Decade With More Gains Seen
Chinese government bonds set for 9% total return this year
Demand for debt to stay strong on haven appeal: Bosera
By Bloomberg News
December 27, 2024 at 9:07 AM GMT+8
Chinese government bonds are primed for their best year in a decade, with local fund managers and strategists predicting more gains for 2025.
They are set to reap a 9% total return in 2024, the highest since 2014, as measured by a Bloomberg Index which excludes currency moves. The nation’s 10-year yields have plummeted 84 basis points since January, dropping to 1.71% on Thursday.
https://www.bloomberg.com/news/articles/...gains-seen
Omi.. Thank you for bumping up the message.