China 10Y Yield Extends Decline
China’s 10-year government bond yield fell to around 1.75%, extending losses from the previous session as investors sought safer assets amid persistent Middle East tensions and renewed US–China friction. Uncertainty over stalled US–Iran talks and the Strait of Hormuz, alongside reports that President Trump is dissatisfied with Iran’s latest proposal, has kept energy markets on edge and heightened inflation concerns through the oil channel. In China, producer prices rose 0.5% in March, marking its first increase since September 2022, driven by higher global commodity prices and improving domestic demand. Meanwhile, the US intensified scrutiny of China’s ties with Iran, sanctioning a major refiner and warning Chinese banks of potential secondary sanctions. Tensions further rose after Meta Platforms was blocked from acquiring AI startup Manus, reflecting Beijing’s tighter control over strategic technologies, alongside new supply chain and export compliance measures.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




