A weak economy has helped push Chinese bond yields to a two-year low. To some investors that looks overdone, given a likely surge in government debt issuance and a stabilizing stock market. What's Happening The yield on the benchmark 10-year Chinese government bond has dropped to 3.14%, its lowest since January 2017. That is down from a three-year high of 4% a year ago. Bond prices rise when yields fall. The bond rally has coincided with growing evidence of a slowing economy. The latest slew of data showed Chinese industrial production slowed in November to its slackest since early 2016, while growth in retail sales ... (full story)