Citigroup advises investors to buy China’s 30-year government bonds, arguing that longer-dated yields have room to fall. The recommendation is based on expectations of continued economic weakness in China alongside a gradual reduction in the supply of longer-term sovereign debt, which Citi says could support bond prices.
Both outlets describe Citi’s view as a turn more bullish on 30-year Treasuries for China, even as global rates rise. The South China Morning Post adds detail from a Monday research note, saying Citi expects the 30-year yield to move toward about 1.8% and the 10-year yield toward around 1.6%. It links the outlook to easing supply pressures and improved market conditions for China’s longer-tenor debt. Bloomberg emphasizes the broader drivers—lingering growth concerns and tapering supply—while the South China Morning Post focuses more on the specific yield targets and how they relate to rising U.S. Treasury yields.
