In October, net inflows into two Chinese ETFs that track 30-year government bonds totaled 13.8 billion yuan ($2.1 billion), the most since July 2025, Bloomberg reported. Investors are moving capital into debt instruments amid a decline in the local stock market and expectations of further declines in credit costs, which could push 30-year yields to 2% by the end of the year.

In October, net inflows into two Chinese ETFs that track 30-year government bonds totaled 13.8 billion yuan ($2.1 billion), the most since July 2025, Bloomberg reported. Investors are moving capital into debt instruments amid a decline in the local stock market and expectations of further declines in credit costs, which could push 30-year yields to 2% by the end of the year.