Reported about 2 months ago
China's bond rally has come to a halt amid significant government intervention aimed at preventing declining yields. With prices dropping and trading volumes decreasing, investors are retreating following state warnings against speculative buying. The People's Bank of China's actions, including new regulations on bond funds and increased scrutiny on market dealings, have led to a rise in yields after a period of record lows. As the economy struggles, the market anticipates ongoing volatility and potential challenges to maintaining orderly trading.
Source: YAHOO