China's government bonds only one to gain among biggest markets in rout

China’s government bonds outpaced their competitors in the first quarter, as their haven status helped them stand out as a bulwark amid the global slump. Japan’s securities led among developed nations, though still handing investors a narrow loss.
 
The two north Asian markets helped investors preserve value as signs of a burgeoning global recovery amid the rollout of vaccines pushed up debt yields around the world.
 
A Bloomberg Barclays index of global bonds slid 5.5 per cent in the first three months of the year — the worst quarter in four years.
 
China and Japan had another