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The Chinese bond market is expected.....>

CHINA PRESS
CHINA PRESS: The Chinese bond market is expected to continue to be sluggish in
2018 as liquidity conditions in the interbank market remain tight, the China
Securities Journal reported Tuesday, citing officials and economists. As of the
end of the third quarter of 2017, the average excess reserve ratio of commercial
banks had dropped to 1.3%, the lowest in six years. Banks' deposits and
wealth-management capital also have steadily declined this year. In 2018, bond
yields are expected to rise because of the effects of domestic and international
factors, but the bond market most likely will not suffer a sharp correction,
like in the past two years. (China Securities Journal)

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