China Long-Dated Bond Yields Hit 15-Month Low
China’s long-dated bond yields fell to their lowest level in 15 months on Thursday as central bank cash injections pushed borrowing costs lower. Traders are awaiting a financial forum next week for clues on the monetary policy path.
Yields on China’s long-dated bonds fell on Thursday to their lowest level in 15 months. Persistent central bank cash injections have pushed borrowing costs lower, while traders await a key financial forum next week for indications of the monetary policy path. 6920 Chinese yuan renminbi)