December 23, 2024 05:42 GMT
CHINA: Country Wrap – Bond Yields Continue to Fall.
CHINA
- Despite efforts last week to halt the move lower in yields, China’ s bond yields dropped in this morning’s trading. (source: MNI – Market News)
- Central Bank Withdraws Liquidity via OMO. (source: MNI – Market News)
- CNY Fixed Below Estimates. (source: MNI – Market News).
- China Protests US Weapon Sales to Taiwan, Vows to Take Action (source: BBG).
- China major indices were up today with the exception of Shenzhen. Hang Seng +0.58%, CSI 300 +0.62%, Shanghai +0.10%, Shenzhen -1.4%
- CNY : Yuan Reference Rate at 7.1870 Per USD; Estimate 7.2901
- Bonds: the move lower in yield continues with a strong day today, CGB 10YR 1.72%.
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