Free Trial

Global Investors Returning To Chinese Bond Market After Rate Cut-Yicai

CHINA PRESS
MNI (Singapore)

International investors are returning to the Chinese bond market, with last week's surprise PBOC rate cut fueling bullish sentiment, Yicai.com reported. There was a net inflow of USD5.6 billion into Chinese bonds on the part of international investors during the first half of August, reversing the bulk of the net outflow of ~USD6.9 billion observed in the prior six months, the newspaper said. Many traders believe that yields will move lower based on expectations for slower economic growth and further PBOC easing, the newspaper said, citing analysts.

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.