中国长期利率升至5个月的高点

Group 1 - The 10-year government bond yield in China rose to 1.87% on September 11, reaching a five-month high, driven by market expectations of additional economic stimulus policies [2][4] - The increase in bond yields indicates a sell-off in the bond market, as investors anticipate a further rise in the stock market [2][4] - The 30-year government bond yield also reached 2.2%, marking a six-month high, reflecting growing concerns about short-term trading restrictions on bonds [4] Group 2 - The adjustment plan for investment fund fees announced by the China Securities Regulatory Commission on September 5 has heightened market fears regarding the suppression of short-term bond trading [4] - The chief economist for emerging markets at SMBC Nikko Securities noted that with the ongoing downturn in the real estate sector, there is a rising interest in stocks as an investment option, suggesting a strong possibility of further interest rate increases supported by stock market gains [4]