China sells 50-year ultra-long special treasury bonds at 2.52%

China's issuance of 50-year ultra-long special treasury bonds at a rate of 2.52% signals a strategic move in their debt management and can impact investor sentiment. While the maturity is notably long, gauging the demand relative to recent auctions will reveal the broader appetite for such instruments amid current economic conditions. This development may influence the rates curve and liquidity in the fixed-income market, potentially attracting interest from long-term investors seeking yield.