China Fast Figure- China US spreads

Gloria Van Rees

The China US Government bond spread has tightened across the board. The 1YR spread has trended downward significantly, moving from 2.03 on December 29, 2017 to .79 In July. The 30YR spread has showed relative stability. Starting the year at 1.63 and shifting to .98. All three sectors are near to each other. We believe this shows increasing pressure on the bond spreads.