While Chinese bonds have emerged as a haven during the global debt rout this year, the surge in US Treasury yields to levels last seen in January 2020 have dimmed their appeal. Photo: Reuters
While Chinese bonds have emerged as a haven during the global debt rout this year, the surge in US Treasury yields to levels last seen in January 2020 have dimmed their appeal. Photo: Reuters
China economy
Economy /  China Economy

China debt: global funds end two-year buying spree of Chinese government debt, cutting holdings by US$2.5 billion

  • Foreign investors held 2.04 trillion yuan (US$312 billion) of Chinese government bonds at the end of March, data from ChinaBond showed, 16.5 billion yuan (US$2.5 billion) down from February
  • Chinese bonds have emerged as a haven during the global debt rout this year, but overseas institutions have now cut their holdings for the first time since February 2019

Bloomberg
Bloomberg

Updated: 3:23pm, 8 Apr, 2021

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While Chinese bonds have emerged as a haven during the global debt rout this year, the surge in US Treasury yields to levels last seen in January 2020 have dimmed their appeal. Photo: Reuters
While Chinese bonds have emerged as a haven during the global debt rout this year, the surge in US Treasury yields to levels last seen in January 2020 have dimmed their appeal. Photo: Reuters
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