Corporate bond yields tended to rise at the end of the second quarter of 2020. Compared to the end of July 2020, the yield on corporate bonds with an AAA rating increased by 40-85 basis points. As of October 9, 2020, the yield for a one-year tenor rose 40 bps to 5,621%, and three-year and five-year tenors increased 62 bps and 85 bps to 7.191% and 7.699%. Weakening household demand weighed on company financial profiles, increasing the risk of default, and encouraging investors to demand higher premiums.
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