Free Trial

China's 10 year bond futures have.......>

CHINA RATES
CHINA RATES: China's 10 year bond futures have resumed trading following on as
they left off - remaining firm despite increasing risk on sentiment in the
equity market.
- Today's risk on rally in stocks has not prevented bond futures from adding 18
ticks as the Jan 31 high at 98.23 comes back into focus. Above here would open a
run at the Jan 8 highs. 
- Increased hopes of a trade breakthrough owing to the Axios report on a
potential Mar-a-lago meeting between Xi and Trump next month may be adding fuel
to rate cut bets as yuan risks recede.  
- The PBOC skipped open market operations resulting in a net drain of CNY20
billion due to maturing reverse repos.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.