Free Trial

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%. 
99 words

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.
  • 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%.