China’s 10-year government bond yield held at 1.67% on Monday, staying near its lowest level since July 2025 as investors assessed the recently concluded Trump-Xi summit. The United States and China agreed to reduce tariffs on roughly $30 billion of imports from each country and extend their trade truce through January, easing some pressure on bilateral trade ties. The meeting did not produce major breakthroughs on artificial intelligence cooperation or the Iran conflict, while Beijing made little apparent progress in seeking reduced U.S. arms sales to Taiwan. Separately, China’s industrial profits increased 15.7% year-on-year to CNY 5.27 trillion during the first eight months of 2026, slowing from 17.6% growth in January-July.