Reported 2 months ago
China's central bank is clashing with bond investors as demand for government bonds surges amid a sluggish economy and low yields. The People's Bank of China is attempting to limit overly leveraged bond purchases while maintaining economic support. Recent actions include refraining from injecting cash into the banking system and advising banks to manage their bond exposure more prudently, amid fears of a potentially destabilizing bond bubble.
Source: YAHOO