China’s 30-year yield at 1.854% signals deflation, lost decade fears. Lack of trust in stocks and real estate drives Chinese bond surge.
China 30 year continues to drift lower, yield 1.854%. Deflation and the lost decade are real possibilities. With over capacity in manufacturing it’s only a matter of time before deflation reached the west. pic.twitter.com/GUzESzA0QB — James E. Thorne (@DrJStrategy) January …