China sells first 30-year special bonds at 2.2%, lowest since November 2025

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China's finance ministry successfully auctioned 30-year special government bonds at a 2.20% yield, the lowest since November 2025. This reflects easing inflation concerns and improved market sentiment for long-term debt. The issuance, part of Beijing's strategy to fund national initiatives, aims to avoid liquidity shocks through staggered sales.