Reported about 23 hours ago
Amid worsening debt-market conditions, China plans to sell a record 167 billion yuan ($23 billion) in two-year government bonds. This issuance, the largest ever in a single auction, poses a challenge as it could indicate weak demand, potentially exacerbating the ongoing bond selloff. Bond yields have surged this year due to tight liquidity and limited monetary easing from the People's Bank of China, with expectations of increased liquidity support for the economy amidst deflationary pressures.
Source: YAHOO