Bond investors in China delivered a muted verdict on the country's latest move to open up its capital markets, with a quiet day's trading following the launch of a new link between Hong Kong and mainland China's bond markets, writes Shen Hong for The Wall Street Journal. 

Prices in China's bond market, the world's third-largest, were mostly steady throughout the day, with the yield on a benchmark 10-year government bond down 0.04 percentage points to 3.53%.