The China Government 10YR Yield Fell About 1.45%: 2.85 Percent Currently

The China Government 10YR Yield fell about 1.45% in today's trading session towards 2.85 percent. Recent released economic data shown a slowdown in the Chinese economy as both industrial production and retail sales were lower-than-expected. Another factor are recent regulation moves against tech and tutorial firms. The monthly periodicity of the yield decreased since about five months, targeting the lower area or swing lows back from April a year ago. It is also the lower extreme of the macro balanced price range which might be supportive in some months. The following figure with areas of interest that are not considered as actual trading levels. Patterns need to establish to conclude scenarios.