🇨🇳 China's 10-year government bond yield falls to all-time low‼️

• China's 10-year bond yield has fallen below 2% for the first time in history.

• This comes as the economic outlook for the world's second-largest economy is the bleakest in decades.

👈 China's consumer confidence is nearing a 30-year low.

• China's economy has also been in contraction for six straight quarters, according to the GDP contraction index, the longest stretch since 1999.

🕯 Will China experience "lost decades" like Japan?

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