China debt: government bonds defy global turbulence as US Treasuries lose ‘safe haven role’

//China debt: government bonds defy global turbulence as US Treasuries lose ‘safe haven role’

China debt: government bonds defy global turbulence as US Treasuries lose ‘safe haven role’

An upstart contender to US Treasuries has emerged in the wake of last month’s vicious debt rout. Chinese government bonds have defied the turbulence rocking peers from Australia to Europe, offering a port in the global reflation storm.JPMorgan Asset Management and Brandywine Global Investment Management LLC are among those who now see them mimicking the resilience that has afforded US government debt the status of the world’s safest asset in times of crisis.The nation’s 10-year yield has been…

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By | 2021-03-12T02:22:23+00:00 March 12th, 2021|Business|Comments Off on China debt: government bonds defy global turbulence as US Treasuries lose ‘safe haven role’