中国10年期政府债券收益率跌至2.10%，触及近一个月低点，主要归因于中国经济数据疲软和刺激计划不力。周一，中国各银行在10月份仅发放了5000亿元人民币的新贷款，比9月份大幅下降，远低于市场预期。上周末，中国还报告称，10月份的消费者通胀率创下四个月新低，低于预期，而生产者价格指数继续保持25个月的通缩趋势，创下2023年11月以来的最大跌幅。此外，中国上周公布了一项10万亿元人民币的债务计划，旨在缓解地方政府的财政压力，支持经济增长。然而，由于没有包括直接的刺激措施，这让投资者感到失望。

China's 10-year government bond yield fell to 2.10%, hitting a near one-month low, primarily attributed to weak Chinese economic data and an underwhelming stimulus package. On Monday, Chinese banks extended just CNY 500 billion in new loans for October, a sharp decline from September and well below market expectations. Over the weekend, China also reported that October’s consumer inflation hit a four-month low, falling short of forecasts, while producer prices continued its 25-month deflationary trend, posting the steepest drop since November 2023. Additionally, China unveiled a CNY 10 trillion debt package last week, aimed at easing local government financial pressures and supporting growth. However, with no direct stimulus measures included, it left investors underwhelmed.