November 01, 2024 05:09 GMT
CHINA: China Bond Wrap: Caixin PMI Pointing to Improvements.
CHINA
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- China’s Caixin PMI surprised to the upside, moving into expansion territory (source: MNI – Market News).
- President Xi Jinping highlighted pressures facing China’s employment market in a newly published speech that painted a turbulent time for the world’s No. 2 economy, as officials try to arrest a growth slowdown (source: BBG)
- China Home Sales See First Monthly Rise in 2024 on Stimulus (source: MNI – Market News)
- Equity markets rallied on generally good data with CSI300 up +0.85% and the Hang Seng +1.50%.
2yr 1.453% 5yr 1.794% 10yr 2.143% (-1bp) 30yr 2.334%
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