Reported 12 months ago
Analysts believe that the People's Bank of China's plan to borrow bonds may slow down the bond rally but won't completely halt it, as the underlying reasons for the demand in debt are expected to persist. The central bank's move is seen as an attempt to put a floor on bond yields and keep them within a certain range, rather than abruptly reversing market trends. Despite the recent rebound in benchmark yields, analysts anticipate that the overall downward trend in rates will continue, driven by stabilizing growth and monetary policy easing measures.
Source: YAHOO