Free Trial

Chinese interest rate swaps have........>

CHINA RATES
CHINA RATES: Chinese interest rate swaps have fallen hard today in line with
Chinese stocks as the correlation between the two assets rises again. The 1-year
swap trades at 2.82%, just off its lows and holding onto support at 2.80% for
now. 
- A break below this level would bring the cycle low of 2.755% seen on July 19
into play and would open up a move down to 2.50%, which would strongly suggest
that the PBOC is prioritizing growth at the expense of deleveraging. 

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.