Press "Enter" to skip to content

China’s bond market drops fast after PBOC’s latest move reduces room for further monetary easing

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

As Chinese economy gradually recovers from the coronavirus lockdown and the focus of monetary policy is shifting from monetary easing to credit expansion, China's bonds market is experiencing a major correction.

On June 2, government bond yield climbed sharply, with the yield on the 10-year government bonds in the interbank market rising 6.25 basis points to 2.79 per cent. The yield on the 10-year bonds issued by the China Development Bank, the . . .

To continue reading, please subscribe. You will get

 

  • IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
  • DETAILS MATTER - we bring you details that you won't find elsewhere
  • THE WIRE  - up-to-the-minute updates of market-moving news and views
  • DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.

FREE TRIAL cancel anytime

LIMITED-TIME OFFER - 50% OFF

 

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. 

Already have an account? Sign In

Top