Back to Search
Start Over
China's Bonds Seen Settling Into Range With Yield Floor on PBOC.
- Source :
- Bloomberg.com; 7/2/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- China's central bank's plan to borrow bonds is expected to slow down the rally in bond prices, but not reverse the demand for debt. Analysts believe that the move may instead put a floor on yields and keep them within a certain range. The People's Bank of China has been trying to cool down the bond market for months, and the borrowing of notes is seen as a longer-term plan for better liquidity management. The lack of alternative investment opportunities and pessimism towards the Chinese economy have driven investors into bonds. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 178213993