China's 10-year government bond yield rose to around 1.73% on Tuesday, rebounding after two consecutive sessions of declines as investors assessed the latest economic outlook from the World Bank. The lender forecasts China's economic growth to moderate to 4.4% in 2026 and 4.3% in 2027, citing a prolonged property market downturn and subdued consumer demand. It also cautioned that a deeper housing-market correction could further weigh on consumption, real estate investment, and related sectors. China's economy expanded 5.0% year-on-year in the first quarter of 2026, accelerating from 4.5% in the previous quarter and surpassing market expectations of 4.8%. The reading marked the strongest annual growth in three quarters, underpinned by resilient export activity. Meanwhile, US President Donald Trump signaled a September 24 meeting with Chinese President Xi Jinping at the UN General Assembly in New York, following their Beijing summit in May aimed at improving ties.