China's Widest-Ever Yield Discount to US Pressures Sluggish Yuan

By Yahoo! Finance   |   11 months ago
China's Widest-Ever Yield Discount to US Pressures Sluggish Yuan

China's yield discount to the US has hit a record high, increasing pressure on the central bank to support the yuan. The widening gap, along with economic challenges and external factors, may lead to a weakening yuan to aid the struggling economy.

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