SHANGHAI, May 11 (Reuters) - Yield on China's 10-year
government bonds fell below a key threshold on Thursday, after
Reuters reported that state-owned banks were told to reduce the
ceiling on interest rates they paid on some deposits.
The yield on the benchmark 10-year government bonds fell below the psychologically important 2.7% in
early trade to 2.698%, down about 2 basis points from the
previous close.
(Reporting by Shanghai Newsroom; Editing by Muralikumar
Anantharaman)
Messaging: winni.zhou.thomsonreuters.com@reuters.net))
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