European Companies Plead China To Revise "COVID Zero" As Beijing Vows Stronger Policies To Reverse Economic Collapse

As we first previewed last week… China cutting, US hiking: 10Y yield crossover will take place in the next few days — zerohedge (@zerohedge) [pic.twitter.com/0gCuXxnzyK] [April 7, 2022] … and as noted earlier today, this morning we got the first US-China 10Y yield “inversion” since 2010, as Chinese 10Y treasuries briefly yielded less than their US peers, a shift which we hadn’t seen since 2010, yet one which in light of the continued Chinese easing and US tightening, was only a matter of time. However, judging by the sharp slowdown in China’s economy – the latest CPI and PPI data…