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The long-end bond yield rose by about 3 basis points (BP) overall, while the short- to medium-term yield rose by 5-7 BP.
On July 8, Jinshi data reported that the long-end bond yields generally rose by about 3 basis points (BP), with the 30-year national bond 230023 rising to 2.5225%; the special bond 2400001 rising to 2.54%; and the 10-year national bond 240004 rising to 2.3060%. The short-end bond yields rose by 5-7 basis points (BP), with the 1-year policy bank bond 230302 rising by 7 BP and the 1-year national bond 240009 rising by 6.5 BP to 1.58%.