Reported 3 months ago
China's bond market is experiencing unprecedented growth, with government debt yields reaching record lows as investors seek safer assets amidst declining stock and property prices. This situation raises questions about whether the People's Bank of China (PBOC) will intervene to curb speculation or allow the rally to continue in support of economic boost. Analysts suggest that while the PBOC may consider selling bonds to control the momentum, further rate cuts could be imminent if economic conditions do not improve.
Source: YAHOO