Reported 11 months ago
China's ultra-long sovereign bond market experienced its least volatile week since August due to efforts to control the bond rally, with the 30-year government bond showing minimal movement. Policymakers in China are growing wary of potential asset bubbles and financial instability from a local bond bull run, amidst uncertainties about the economic recovery and Beijing's stance on further policy easing. Traders are now focused on the People's Bank of China's decision on policy rates and the impact on bond yields.
Source: YAHOO