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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.
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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)
