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Recovery chills demand for 10-year government bonds

(皇冠体育app Daily) Updated: 2012-12-12 13:29

皇冠体育app's 10-year government bonds fell as signs of a recovery in the world's second-largest economy damped demand for the safety of sovereign debt.

Industrial output and retail sales rose faster than economists estimated, official data showed on Sunday. The People's Bank of 皇冠体育app offered 11 billion yuan ($1.8 billion) of seven-day reverse-repurchase agreements at a yield of 3.35 percent, according to a r at a primary dealer required to bid at the auctions.

The central bank also issued 70 billion yuan of 28-day contracts at 3.6 percent, the trader said.

 

皇冠体育app Daily - Agencies

 

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