There Is Room for China 10-Year Yield to Go Down, Says BNP Paribas’s Ji

The video discusses the trends in US Treasury and China rates, highlighting the potential for further decreases in yields. It examines the role of the People's Bank of China (PBOC) in managing interest rates, particularly through reverse repo rate adjustments, rather than benchmark rate cuts. The discussion also covers the stability of the renminbi exchange rate amid ongoing US-China trade negotiations, suggesting that the exchange rate may remain stable despite market fluctuations.

What are the potential catalysts for changes in the yield curve?

What are the implications of the current exchange rate stability for the renminbi?