China’s 10-year government bond yield rose toward 1.75% on Friday, rebounding from a near three-month low in the previous session as investors weighed the latest weak economic data. Exports fell for the first time in eight months in October, hitting their lowest level since February. Shipments to the US, in particular, plummeted for the seventh consecutive month to over 25%, highlighting ongoing challenges in the bilateral trade relationship. In a move toward easing trade tensions, the US and China agreed to extend their temporary trade truce for an additional year, raising hopes of a potential boost in trade flows between the world’s two largest economies through the end of the year. Meanwhile, imports rose at their slowest pace since May and missed market expectations, reflecting continued weakness in domestic demand and underlying uncertainties in the labor market. Investors now await inflation figures, due this weekend.