Reported 3 months ago
Analysts believe that the People's Bank of China (PBOC) is likely to refrain from intervening in the bond market in the short term to support economic growth, allowing for a record-breaking bond rally. Despite warnings of potential bond sales to stabilize yields, the bank's current focus appears to be on sustaining growth amid signs of economic slowdown. The bond market has seen a resurgence, influenced by recent interest rate cuts and speculations of further economic stimulus, while the yield curve's shape is being closely monitored for possible intervention triggers.
Source: YAHOO