Government bonds are seeing some........>

CHINA PRESS: Government bonds are seeing some fluctuations in response to

China's looser monetary policy and more active fiscal policy, China Securities

Journal reported. 

  - The trend of government bonds will be determined by the strength of

liquidity injections and the possibility of shifting from "stable credit" to

"loose credit," the newspaper said, citing institutions including Orient

Securities Futures. 

  - With the alleviation of credit defaults crises, risk preference will rise

and capital will be redistributed from high-rated credit bonds to middle- and

low-rated credit bonds, the newspaper said, citing Golden Credit Rating.