What is the slope of China's government yield curve?
47.86 bp for 2026-10-30, published by China Central Depository & Clearing (ChinaBond) (中央国债登记结算有限责任公司). China Snapshot collected this print on 30 October 2026. The next China yield curve slope, 10-year minus 1-year release is not published in advance for this series.
中国国债收益率曲线（10年减1年）的斜率是多少？
Recent values
The last 15 points we hold, newest first. Change on the prior print: +2.02 bp.
| Period | 10-year ChinaBond yield minus the 1-year yield, in basis points | Unit |
|---|---|---|
| 2026-10-30 | 47.86 bp | bp |
| 2026-10-29 | 45.84 bp | bp |
| 2026-10-28 | 46.52 bp | bp |
| 2026-10-27 | 44.59 bp | bp |
| 2026-10-20 | 45.89 bp | bp |
| 2026-10-19 | 46.84 bp | bp |
| 2026-10-16 | 47.77 bp | bp |
| 2026-10-15 | 47.98 bp | bp |
| 2026-10-14 | 46.44 bp | bp |
| 2026-10-13 | 47.07 bp | bp |
| 2026-10-12 | 46.75 bp | bp |
| 2026-10-10 | 47.02 bp | bp |
| 2026-10-09 | 46.92 bp | bp |
| 2026-10-08 | 46.17 bp | bp |
| 2026-09-30 | 46.25 bp | bp |
The full series back to 2026-09-30 is in the CSV download.
This series is derived. It is our own calculation from the published inputs, not an official print. The file records how it was built.
How it's measured
This is the 10-year ChinaBond government yield minus the 1-year yield on the same day, in basis points. Our collector computes it from the two published points.
A positive number is a normal upward-sloping curve. A negative number is an inverted curve, which is the market pricing weaker growth or lower policy rates ahead.
It is a derived series: the two legs are official ChinaBond valuations, the subtraction is ours.
Source
Official publisher: China Central Depository & Clearing (ChinaBond) (中央国债登记结算有限责任公司).
China Central Depository & Clearing (CCDC) valuation curve
Next release
not published in advance for this series.
Get this number by email when it's released.