China 10Y Bond Yield was 1.88 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. China 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

China Bond Yield: Treasury Bond: 10 Year data was reported at 1.818 % pa in 25 Mar 2025. This records a decrease from the previous number of 1.841 % pa for 24 Mar 2025. China Bond Yield: Treasury Bond: 10 Year data is updated daily, averaging 3.263 % pa from Mar 2006 (Median) to 25 Mar 2025, with 4771 observations. The data reached an all-time high of 4.722 % pa in 20 Nov 2013 and a record low of 1.596 % pa in 06 Feb 2025. China Bond Yield: Treasury Bond: 10 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.

Of the largest economies by GDP, the United States saw the sharpest fall in absolute terms for 10-year government bond yields due to the coronavirus (COVID-19) pandemic. From a level of 1.51 percent in January 2020, yields on 10-year government bonds fell to 0.65 percent by April 2020, and had further fallen to 0.53 percent by July 2020 before starting to recover towards the end of the year. Conversely, countries that went into 2020 with already low bond yields like Japan, Germany and France actually saw a small increase in March 2020 - although these already low yields mean that these small changes are significant in relative terms. As of December 2024, the countries with the highest 10-year yields are the United Kingdom, the United States and Australia with 4.66, 4.54 and 4.46 percent, respectively.

China Bond Yield: Commercial Bank Bond: General (AAA): 10 Year data was reported at 2.178 % pa in 25 Mar 2025. This records a decrease from the previous number of 2.209 % pa for 24 Mar 2025. China Bond Yield: Commercial Bank Bond: General (AAA): 10 Year data is updated daily, averaging 4.220 % pa from Dec 2009 (Median) to 25 Mar 2025, with 3813 observations. The data reached an all-time high of 6.181 % pa in 14 Jan 2014 and a record low of 1.879 % pa in 08 Feb 2025. China Bond Yield: Commercial Bank Bond: General (AAA): 10 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.

China 5 Year Bond Yield was 1.65 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 5Y.

China Bond Yield: Treasury Bond: 6 Month data was reported at 1.570 % pa in 25 Mar 2025. This records a decrease from the previous number of 1.581 % pa for 24 Mar 2025. China Bond Yield: Treasury Bond: 6 Month data is updated daily, averaging 2.420 % pa from Mar 2006 (Median) to 25 Mar 2025, with 4771 observations. The data reached an all-time high of 4.374 % pa in 25 Jun 2013 and a record low of 0.930 % pa in 24 Dec 2024. China Bond Yield: Treasury Bond: 6 Month data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.

As of January 7, 2025, the Chinese bond market displayed a positive spread of 56.3 basis points between 10-year and 2-year yields, indicating long-term rates well above short-term ones. The 5-year versus 2-year spread was also positive, at 32.2 basis points. On the other hand, the 2-year versus 1-year spread was negative (-4), indicating a mildly inverted yield curve.

In August 2024, the average yield on ten-year government bonds in the United States was equal to 3.87 percent. This was the highest of the selected developed economies considered in this statistic. The countries with the lowest yield were Germany and Japan, with 2.24 and 0.88 percent respectively. Bonds and yields – additional information The bond yield indicates the level of return that the investor can expect from a given type of bond. The government of Italy, for instance, offered the investors 3.63 percent yield on ten-year government bonds for borrowing their money in August 2024. In the United States, government needs are also financed by selling various debt instruments such as Treasury bills, notes, bonds and savings bonds to investors. The largest holders of U.S. debt are Federal Reserve and Government accounts in the United States. The major foreign holders of the United States treasury securities are Japan, Mainland China, and the United Kingdom.

China 2 Year Bond Yield was 1.48 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for China 2Y.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United States (IRLTLT01USM156N) from Apr 1953 to Jan 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

Prices for China 2Y including live quotes, historical charts and news. China 2Y was last updated by Trading Economics this March 27 of 2025.

Hong Kong Government Bond Yield: Official Fixings: 10 years data was reported at 2.409 % pa in Oct 2018. This records an increase from the previous number of 2.408 % pa for Sep 2018. Hong Kong Government Bond Yield: Official Fixings: 10 years data is updated monthly, averaging 1.815 % pa from Jan 2010 (Median) to Oct 2018, with 106 observations. The data reached an all-time high of 2.932 % pa in Jan 2010 and a record low of 0.870 % pa in Nov 2012. Hong Kong Government Bond Yield: Official Fixings: 10 years data remains active status in CEIC and is reported by Hong Kong Monetary Authority. The data is categorized under Global Database’s Hong Kong SAR – Table HK.M009: Government Bond Yield.

In January 2020, prior to the onset of the global coronavirus (COVID-19) pandemic, three of the seven largest economies by GDP had negative yields for two-year government bonds (Japan, Germany and France). With the onset of the pandemic, two-year bond yields in these countries actually rose slightly - in contrast to the other major economies, where yields fell over this period. As of December 2024, yields for two-year government bonds exhibited fluctuations across all countries. Notably, Japan showed a slight upward trend, while China experienced a modest decline.Negative yields assume that investors lack confidence in economic growth, meaning many investments (such as stocks) may lose value. Therefore, it is preferable to take a small loss on government debt that carries almost no risk to the investor, than risk a larger loss on other investments. As both the yen and euro are considered very safe assets, Japanese, German and French bonds were already being held by many investors prior to the pandemic as a hedge against economic downturn. Therefore, with the announcement of fiscal responses to the pandemic by many governments around March 2020, the value of these assets rose as confidence increased (slightly) that the worst case may be avoided. At the same time, yields on bonds with a higher return fell, as investors sought out investments with a higher return that were still considered safe.

China Local Government Bond Issuance: Year to Date: 10 Year data was reported at 3,005,246.000 RMB mn in Dec 2024. This records an increase from the previous number of 2,870,787.000 RMB mn for Nov 2024. China Local Government Bond Issuance: Year to Date: 10 Year data is updated monthly, averaging 1,211,138.000 RMB mn from Feb 2019 (Median) to Dec 2024, with 71 observations. The data reached an all-time high of 3,005,246.000 RMB mn in Dec 2024 and a record low of 121,422.000 RMB mn in Jan 2024. China Local Government Bond Issuance: Year to Date: 10 Year data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under China Premium Database’s Government and Public Finance – Table CN.FA: Government Debt: Local Government: Issuance: By Maturity.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for China (IR3TTS01CNM156N) from Jun 1997 to Nov 2023 about 3-month, China, securities, Treasury, yield, interest rate, interest, and rate.

The outstanding value of China's general government debt securities has shown an upward trend from 2000 to the first quarter of 2024, rising from 116 billion U.S. dollars in 2000 to over ten trillion U.S. dollars in early 2024. The largest increase occurred between 2019 and 2020, when it went from 5.6 trillion to 7.4 trillion U.S. dollars.

China Bond Depository: Financial Bond: Non Bank Financial Inst Bond: Over 10 Year data was reported at 0.000 RMB mn in Feb 2021. This stayed constant from the previous number of 0.000 RMB mn for Jan 2021. China Bond Depository: Financial Bond: Non Bank Financial Inst Bond: Over 10 Year data is updated monthly, averaging 0.000 RMB mn from Jun 1997 (Median) to Feb 2021, with 284 observations. The data reached an all-time high of 10,500.000 RMB mn in Aug 2007 and a record low of 0.000 RMB mn in Feb 2021. China Bond Depository: Financial Bond: Non Bank Financial Inst Bond: Over 10 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: CCDC: Bond Depository.

China Bond Yield: Treasury Bond: 5 Year data was reported at 1.677 % pa in 25 Mar 2025. This records a decrease from the previous number of 1.693 % pa for 24 Mar 2025. China Bond Yield: Treasury Bond: 5 Year data is updated daily, averaging 3.035 % pa from Mar 2006 (Median) to 25 Mar 2025, with 4771 observations. The data reached an all-time high of 4.529 % pa in 06 Jan 2014 and a record low of 1.341 % pa in 03 Jan 2025. China Bond Yield: Treasury Bond: 5 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MF: PBC & CCDC: Treasury Bond and Other Bond Yield: Daily.

China Bond Issuance: 7-10 Year data was reported at 200,810.000 RMB mn in Feb 2021. This records a decrease from the previous number of 484,432.000 RMB mn for Jan 2021. China Bond Issuance: 7-10 Year data is updated monthly, averaging 45,625.000 RMB mn from Mar 1997 (Median) to Feb 2021, with 288 observations. The data reached an all-time high of 840,674.330 RMB mn in Jul 2020 and a record low of 0.000 RMB mn in May 2008. China Bond Issuance: 7-10 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: CCDC: Bond Issued.

China Bond Issuance: Instrument: Tier 2 Capital: 7-10 Year data was reported at 6,500.000 RMB mn in Dec 2018. This records a decrease from the previous number of 55,800.000 RMB mn for Nov 2018. China Bond Issuance: Instrument: Tier 2 Capital: 7-10 Year data is updated monthly, averaging 16,735.000 RMB mn from Jul 2013 (Median) to Dec 2018, with 66 observations. The data reached an all-time high of 199,800.000 RMB mn in Sep 2018 and a record low of 0.000 RMB mn in Jan 2015. China Bond Issuance: Instrument: Tier 2 Capital: 7-10 Year data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZD: CCDC: Bond Issued.