Yields on major interbank interest rate bonds fell rapidly. The yield on the 30-year Treasury bond "26 Ultra-Long Special Treasury Bond 04" fell 1.3 basis points to 2.0370%, a new low since August 26, 2025, compared with the ChinaBond valuation. The yield on the 10-year Treasury bond "26 Interest-Bearing Treasury Bond 16" fell 0.85 basis points to 1.58%, a record low compared with the ChinaBond valuation.
