News Snapshot:
Comments SHANGHAI: The yuan weakened slightly on Tuesday on a softer daily central bank fixing and as the US dollar firmed ahead of data that is expected to show the fastest rise in inflation in more than 16 years. The divergence in the economic outlook in China and the United States drove the benchmark 10-year Chinese government bond yield below its US counterpart for the first time in 12 years on Monday. And on Tuesday, the China-US 10-year spread fell as low as negative 6 basis points, and was last about negative 1 basis point, according to Refinitiv data. Traders...
