(March 16): Yields on China’s 30-year bonds were headed for the highest close since September 2024 as rising oil prices fuelled by the war in Iran stoked inflation concern. China’s 30-year bond yields rose three basis points to close to 2.4% while those on 10-year notes edged up two basis points to 1.84% on Monday. Futures on 30-year bonds fell to the lowest level since October 2024. A steeper selloff in long-dated debt suggests that rising oil prices may finally counter China’s persistent deflationary pressures. Yields on 30-year bonds have risen about nine basis points so far in March as of Friday, setting the biggest monthly rise since September.

Source: The Edge Markets March 16, 2026 07:44 UTC