SHANGHAI — China’s 10-year government bond futures fell on Friday afternoon after the government adjusted protocols for COVID-19 controls.
The 10-year government bond futures for December delivery , the most traded contract, lost more than 0.4% before last trading down 0.36% at 101.155.
Financial Post Top Stories
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300
The yield of the government bond for the same tenor traded in the interbank market rose about 4 basis points.
Chinese health authorities on Friday eased some of the country’s heavy COVID-19 curbs, including shortening by two days quarantine times for close contacts of cases and inbound travelers, and eliminating a penalty on airlines for bringing in infected passengers. (Reporting by Winni Zhou and Brenda Goh; Editing by Jacqueline Wong)