Reported 2 months ago
China's bond market is experiencing significant instability as the central bank intervenes to curb rising yields amidst an ailing economy. Despite the turmoil, some investors remain bullish, citing deflationary pressures and the general risk aversion in the market. The People's Bank of China is tightening its grip on the bond market to prevent destabilizing bubble risks, but analysts warn of potential challenges in maintaining control over financial markets in the future.
Source: YAHOO