China’s First Special Bond Sale Likely to See Solid Demand

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(Bloomberg) -- China’s first issuance of this year’s special sovereign bonds on Friday is expected to see solid demand, according to strategists and gauges...

-- China ’s first issuance of this year’s special sovereign bonds on Friday is expected to see solid demand, according to strategists and gauges of sentiment in the bond market.Dow Average Touches 40,000 Before Pulling Back: Markets Wrap

The 30-year notes are expected to see a yield of around 2.55% at Friday’s auction, according to the median estimate of six traders who responded to a Bloomberg survey on Thursday who asked not to be named as they were not authorized to speak publicly. That is close to the current 30-year yield of 2.56% in the secondary market.

The sales have brought more attention on China’s longer-maturity debt as the pipeline includes 20-year, 30-year and 50-year tenors, Bloomberg reported earlier this week citing people familiar with the matter. BOSTON — A Massachusetts teen who participated in a spicy tortilla chip challenge on social media died from eating a large quantity of chile pepper extract and also had a congenital heart defect, according to autopsy results obtained by The Associated Press. Harris Wolobah, a 10th grader from the city of Worcester, died on Sept. 1, 2023, after eating the Paqui chip as part of the manufacturer's “One Chip Challenge.

China Sovereign Bonds

 

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