Stay informed with free updates
Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox.
The “Japanification” of China continues to be a big theme, with a lot of eerie parallels right down to stimulus proving wanting. Here’s the latest symptom:
Yep, the 30-year government bond yields of China and Japan are on the cusp of crossing paths for the first time (ever, we think, but LSEG data for both 30-year benchmarks doesn’t go further back than 2009).
At pixel…
Read the full article here