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Can China use its widening US yield gap to boost the yuan’s global role?

South China Morning Post 09 October 2026 3h ago
Can China use its widening US yield gap to boost the yuan’s global role?
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Relevance
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Freshness
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Authority
18/20
Brand Signal
8/15
Depth
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China should seize a window opened by the widening US-China yield gap to strengthen the financing, hedging and asset-absorption systems behind the yuan, turning its cyclical low-interest-rate advantage into lasting global use of the currency, according to a researcher from a Beijing-based governmental think tank. The 10-year US Treasury yield was 5.22 per cent on Thursday, compared with 1.69 per c
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